1 unchanged sentence
Market for Common Stock
−Removed: The principal market on which Walmart's common stock is listed for trading is the New York Stock Exchange.
+Added: Effective December 9, 2025, the principal market on which Walmart's common stock is listed has been the Nasdaq Global Select Market.
+Added: Prior to December 9, 2025, Walmart's common stock was listed on the New York Stock Exchange.
The common stock trades under the symbol "WMT."
2 unchanged sentences
Stock Performance Chart
−Removed: This graph compares the cumulative total shareholder return on Walmart's common stock during the five fiscal years ended through fiscal 2025 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.
−Removed: The comparison assumes $100 was invested on February 1, 2020 in shares of our common stock and in each of the indices shown and assumes that all of the dividends were reinvested.
−Removed: *Assumes $100 Invested on February 1, 2020
−Removed: Assumes Dividends Reinvested
−Removed: Fiscal Year ended January 31, 2025
+Added: This graph compares the cumulative total shareholder return on Walmart's common stock during the five fiscal years ended through fiscal 2026 to the cumulative total returns on the S&P 500 Consumer Discretionary Distribution & Retailing Index and the S&P 500 Index.
+Added: The comparison assumes $100 was invested on February 1, 2021 in shares of our common stock and in each of the indices shown and assumes all dividends were reinvested.
Fiscal Years Ended January 31,
5 unchanged sentences
Issuer Repurchases of Equity Securities
−Removed: From time to time, the Company repurchases shares of our common stock under share repurchase programs authorized by the Company's Board of Directors.
−Removed: All repurchases made during fiscal 2025 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.
−Removed: As of January 31, 2025, authorization for $12.0 billion of share repurchases remained under the share repurchase program.
+Added: From time to time, the Company repurchases shares of its common stock under share repurchase programs authorized by the Company's Board of Directors.
Any repurchased shares are constructively retired and returned to an unissued status.
+Added: All repurchases during fiscal 2026 were made under the $20.0 billion share repurchase program approved in November 2022, of which authorization for $4.0 billion of share repurchases remained as of January 31, 2026.
+Added: In February 2026, the Board of Directors approved a new $30.0 billion share repurchase authorization, which has no expiration date or other restrictions limiting the period over which the Company can make repurchases, and beginning February 23, 2026, replaced the remaining capacity under the prior authorization.
Share repurchase activity under our share repurchase programs, on a trade date basis, for each month in the quarter ended January 31, 2026, was as follows:
17 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.