The Walmart Family is handing over more control to the next generation [Yahoo! Finance]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: Yahoo! Finance
Wilking (Getty Images) The Walton family, one of richest dynasties in the U.S. , is now handing over more control of Walmart ( WMT ) to the next generation. Founder Sam Walton's eight grandchildren will join the family's decision-making group, raising the count of voting members to 11, as reported by the Wall Street Journal ( NWSA Walmart has had an exceptional year . The company's stock is up more than 80% in 2024, boosting it's market value to $768 billion and making it one of the top performers on the S&P 500 Consumer Staples Index. With Walmart's stock near all-time highs, the Walton family's 46% stake is now worth an estimated $345 billion. Despite this shift, there are no immediate changes in leadership or board seats. The family said in a statement that it wanted to “maintain an appropriate balance of family and non-family ownership,” and ensure the goals of all Walmart shareholders and the long-term success of the company remain the focus. The Walton's – worth an est
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WMT
Earnings
- 11/19/24 - Beat
WMT
Sec Filings
- 12/20/24 - Form 144
- 12/19/24 - Form SCHEDULE
- 12/19/24 - Form 4
- WMT's page on the SEC website