Walmart (WMT) 3-for-1 Stock Split

Walmart plans to complete a 3 for 1 stock split on February 26, 2024. All holders of WMT will receive 3 shares of WMT in exchange for every 1 WMT share held at the close of trading on February 23, 2024.

This will affect all WMT shareholders. Due to this stock split, scheduled orders for WMT will not be accepted between market close on February 23, 2024 and market open on February 26, 2024.

What does this mean?

With the stock split, each WMT share will be divided into smaller pieces. This will lower the price of each share. To ensure that all shareholders’ value remains the same, Walmart shareholders will receive additional shares.

How will this impact my holdings?

Your total number of WMT shares will increase while the price per share will decrease.

For example: if you have 1 share of Walmart stock, during this 3 for 1 stock split, WMT will grant you 3 shares for every 1 share you own. However, the value of each share should initially be around 1/3 of the original price.

Once the split is completed, 3 WMT shares will be equivalent to 1 original WMT share.

How can I calculate the number of shares I will own?

To calculate the number of shares that you will own after the split, follow the math below:

Shares previously owned x 3 = New amount of shares held.

For example: Before the split you owned 5 shares of Walmart. Use the equation above (5 previously owned shares x 3). You now own 15 shares of Walmart.

Note: Walmart’s historical graphs will be updated to take the split into account.

If you have more questions regarding this stock split and how it may affect shares you’re holding, please refer to Walmart’s Investor Relations website.

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