Posted by: youngragingbull | June 7, 2013

Wal-Mart to buy back up to $15B shares

Wal-Mart Stores Inc. said at its annual shareholder meeting on Friday that it will repurchase as much as $15 billion in shares.

The new program replaces the previous $15 billion plan, which had about $712 million remaining under the 2011 authorization.

Wal-Mart earlier this year also raised its annual dividend by 18% to $1.88 a share.

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  1. […] Wal-Mart shares are up 1.2% as it also unveiled a $15 billion buyback program. […]


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