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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 ...
Traditionally, a company would split its stock after a strong run, when a high price-per-share would potentially sideline new small-dollar investors who might not be able to invest $500 or $1,000 ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
Stock splits often serve as a catalyst for stocks. On the surface, they change nothing fundamental about a company. If one share was worth $1,000 before the split, having 10 shares at $100 per ...
When Chipotle announced a 50-for-1 stock split in March, it offered a similar explanation to Walmart, saying it would make the stock more accessible to employees and a broader range of investors.
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.
What Is Walmart Worth? Financials. Walmart Share Price, 52-Week Range. $126.28 – $152.57. Fiscal Year 2022 Revenue. $572.75 billion. Fiscal Year 2021 Profit