Walmart goes for a stock split in first move since 1999

Walmart Announces Three-for-One Stock Split, Making Shares More Affordable for Employees

Walmart is making its share price more affordable by announcing a three-for-one stock split. Starting in late February, the split will bring down the price of its shares and make them more accessible for employees, or “associates” as the company refers to them. This move is aligned with Walmart’s vision to allow more employees to purchase full shares, in line with the beliefs of its founder, Sam Walton. The split is the first for Walmart since 1999 and aims to reinvigorate the stock by attracting smaller investors.