AP United States the world's largest retail chain Wal-Mart March 41 th general meeting, said the company will buy another $ 15 billion worth in stock.
Wal-Mart said the new repurchase program of its own shares, will replace last June, the four ads in the 150 billion share repurchase program. As of June 2, 2010 Share Repurchase Program has completed more than 12.9 billion, more than 244 million share buyback.
Wal-Mart executive vice president and chief financial officer, said Charles Holley, Wal-Mart bought in June last year, almost 130 billion in shares, cash flows that the company's position is very strong. "We are very pleased to have received the Board of Directors instructed the implementation of the new 150 billion share repurchase program."
In addition to the repurchase of shares, Wal-Mart increased its dividend for shareholders dividends. Financial company dividends in 2012 of the 2011 fiscal year rose to $ 1.21 per share, about 21%, to 1,46 dollars.
Analysts noted that shares of Wal-Mart repurchase program, Walton, founder of the family has its share in March 2003 by 38% to 48% in March this year. The new repurchase program may make the Walton family in the vast majority of the shares next year to learn. 2011-6-6
Wal-Mart said the new repurchase program of its own shares, will replace last June, the four ads in the 150 billion share repurchase program. As of June 2, 2010 Share Repurchase Program has completed more than 12.9 billion, more than 244 million share buyback.
Wal-Mart executive vice president and chief financial officer, said Charles Holley, Wal-Mart bought in June last year, almost 130 billion in shares, cash flows that the company's position is very strong. "We are very pleased to have received the Board of Directors instructed the implementation of the new 150 billion share repurchase program."
In addition to the repurchase of shares, Wal-Mart increased its dividend for shareholders dividends. Financial company dividends in 2012 of the 2011 fiscal year rose to $ 1.21 per share, about 21%, to 1,46 dollars.
Analysts noted that shares of Wal-Mart repurchase program, Walton, founder of the family has its share in March 2003 by 38% to 48% in March this year. The new repurchase program may make the Walton family in the vast majority of the shares next year to learn. 2011-6-6
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