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Wal-mart (WMT) Firmly Positive on Massive Buyback, Annual Meeting

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Wal-Mart (WMT) Approves New $15B Buyback Plan

June 7, 2013 9:28 AM EDT

Wal-Mart Stores, Inc. (NYSE: WMT) announced at its Annual Meeting of Shareholders that its Board of Directors approved a new program authorizing the company to repurchase $15 billion of its shares, effective June 6, 2013. This program replaces the previous $15 billion program announced on June 3, 2011 (2011 Authorization). As of June 6, the company had approximately $712 million... More