{"id":7046,"date":"2024-02-06T10:27:11","date_gmt":"2024-02-06T04:57:11","guid":{"rendered":"https:\/\/bigbreakingwire.in\/walmart-wmt-initiates-31-stock-split-to-expand-accessibility-and-encourage-investor-participation\/"},"modified":"2024-02-07T11:03:57","modified_gmt":"2024-02-07T05:33:57","slug":"walmart-wmt-initiates-31-stock-split-to-expand-accessibility-and-encourage-investor-participation","status":"publish","type":"post","link":"https:\/\/bigbreakingwire.in\/walmart-wmt-initiates-31-stock-split-to-expand-accessibility-and-encourage-investor-participation\/","title":{"rendered":"Walmart $WMT Initiates 3:1 Stock Split to Expand Accessibility and Encourage Investor Participation"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p><\/p>\n\n\n\n<p>Walmart Inc. (WMT) has announced a 3:1 split of its common stock as part of ongoing efforts to optimize trading and broaden the reach of its shares among associates.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>With more than 400,000 participants in Walmart&#8217;s Associate Stock Purchase Plan, the company aims to enhance accessibility to its stock and encourage greater participation.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The stock split, scheduled for February 23, 2024, is expected to significantly increase the number of outstanding shares, providing a new opportunity for smaller investors to engage with the company.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Trading under the existing symbol WMT on a post-split basis will begin on February 26, 2024.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The final ratio for the stock split, approved by Walmart&#8217;s board, is anticipated to raise the number of outstanding common shares from approximately 2.7 billion to around 8.1 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walmart Inc. (WMT) has announced a 3:1 split of its common stock as part of ongoing efforts to optimize trading and broaden the reach of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[31,29,619],"tags":[1089,1088,1087],"class_list":["post-7046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance","category-stocks-in-news","tag-nyse","tag-stock-split","tag-walmart","entry","rows"],"jetpack_publicize_connections":[],"modified_by":"bigbreakingwire","jetpack_featured_media_url":"https:\/\/bigbreakingwire.in\/wp-content\/uploads\/2024\/02\/1693432306522.jpg","jetpack_shortlink":"https:\/\/wp.me\/pfgCxS-1PE","jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/7046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=7046"}],"version-history":[{"count":0,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/7046\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media\/7045"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=7046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=7046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=7046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}