Walmart (WMT) Announces 2022 Annual Shareholders’ Meeting Voting Results

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Walmart Announces 2022 Annual Shareholders’ Meeting Voting Results

June 1, 2022 4:26 PM EDT

BENTONVILLE, Ark.--(BUSINESS WIRE)-- Walmart Inc. (NYSE: WMT) today announced shareholder voting results for its Annual Shareholders Meeting, which was conducted virtually. Approximately 88.9% of all outstanding shares were represented at the meeting.

During the business meeting, Walmart President and CEO Doug McMillon provided a business update, sharing, During the last fiscal year, we grew sales by 9%, grew operating profit by 18%, excluding divestitures, and generated $24 billion in operating cash flow. These results enabled us to return $16 billion to shareholders in dividends and share repurchases and invest $13 billion in capital to grow our... More