Walmart Stock Split 2024: What to Know About the Upcoming 3-for-1 Split for WMT Stock

Walmart (NYSE:WMT) is the latest company to enact a stock split. Indeed, the retail giant announced on Jan. 30 that it will implement a 3-for-1 stock split, with new additional shares becoming payable after close of markets on Feb. 23 to holders of WMT stock as of the day prior. Walmart leadership says the decision to split its stock is in part to allow employees to purchase more shares.“Given our growth and our plans for the future, we felt it was a good time to split the stock and encourage our associates ...