Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market for Common Stock
The principal market on which Walmart's common stock is listed for trading is the New York Stock Exchange. The common stock trades under the symbol "WMT."
Holders of Record of Common Stock
As of March 13, 2024, there were 200,344 holders of record of Walmart's common stock, although there is a much larger number of beneficial owners.
Stock Performance Chart
This graph compares the cumulative total shareholder return on Walmart's common stock during the five fiscal years ended through fiscal 2024 to the cumulative total returns on the S&P 500 Consumer Discretionary Distribution & Retailing Index (formerly named the S&P 500 Retailing Index) and the S&P 500 Index. The comparison assumes $100 was invested on February 1, 2019 in shares of our common stock and in each of the indices shown and assumes that all of the dividends were reinvested.
*Assumes $100 Invested on February 1, 2019
Assumes Dividends Reinvested
Fiscal Year ended January 31, 2024
Fiscal Years Ended January 31,
2019 2020 2021 2022 2023 2024
Walmart Inc. $ 100.00 $ 120.27 $ 148.41 $ 148.47 $ 153.58 $ 177.30
S&P 500 Index 100.00 121.68 142.67 175.90 161.45 195.06
S&P 500 Consumer Discretionary Distribution & Retailing Index
100.00 117.54 166.19 180.56 147.66 190.67
Issuer Repurchases of Equity Securities
From time to time, the Company repurchases shares of our common stock under share repurchase programs authorized by the Company's Board of Directors. All repurchases made during fiscal 2024 were made under the current $20.0 billion share repurchase program approved in November 2022, which has no expiration date or other restrictions limiting the period over which the Company can make repurchases. As of January 31, 2024, authorization for $16.5 billion of share repurchases remained under the share repurchase program. Any repurchased shares are constructively retired and returned to an unissued status.
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Share repurchase activity under our share repurchase programs, on a trade date basis, for each month in the quarter ended January 31, 2024, was as follows:
Fiscal Period Total Number of
Shares Repurchased (1)
Average Price Paid
per Share
(in dollars) (1)
Total Number of
Shares Repurchased
as Part of Publicly
Announced Plans or
Programs (1)
Approximate Dollar Value of
Shares that May Yet Be
Repurchased Under the
Plans or Programs (2)
(in billions)
November 1-30, 2023 5,340,951 $ 51.99 5,340,951 $ 17.8
December 1-31, 2023 13,913,403 51.41 13,913,403 17.1
January 1-31, 2024 10,211,025 53.62 10,211,025 16.5
Total 29,465,379 29,465,379
(1) Share and per share information in this table has been adjusted to reflect the 3-for-1 common stock split effected on February 23, 2024. Refer to Note 1 .
(2) Represents the approximate dollar value of shares that could have been repurchased under the current plan at the end of the month.
ITEM 6. RESERVED
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