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For the 12th time in 50 years, Walmart will conduct a stock split in an effort to make shares more affordable for its employees. Walmart last carried out a 2-for-1 stock split on April 20, 1999.
Walmart is making its share price more affordable just as it gives its store managers pay raises and annual stock grants of up to $20,000.. The company announced a three-for-one stock split this ...
Shares of Walmart are hovering near an all-time high of nearly $170 that was achieved in November. The company recently announced it is boosting the average pay of its store managers from $117,000 ...
When this split was completed after the close of trading on Feb. 23, Walmart's share price fell from $175.56 to $58.52, while its outstanding share count increased by a factor of three.
On March 21, 2024, Walmart stock reached a record closing high of $61.45 per share. So far this year, its shares are already up 14%, beating the S&P 500's ( ^GSPC ) 10% gain.
Similar to Walmart, Chipotle is conducting a split to make its nearly $3,200-per-share stock more accessible to its employees. If shareholders give Chipotle the green light, its shares will trade ...
After Walmart (NYSE: WMT) and Chipotle Mexican Grill (NYSE: CMG), two of the higher-profile consumer goods stocks on the market, both announced stock splits earlier this year, Nvidia (NASDAQ: NVDA ...
The average return after a stock split is announced in the year that follows is 25.4%. That's about a 13% greater return than the market over the same period. This chart lays it out nicely.