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Walmart investors to meet online today

by Serenah McKay | May 31, 2023 at 9:00 a.m.
This undated file photo shows Walmart's sign in front of its Bentonville headquarters.

Walmart Inc.'s shareholders will hold their annual business meeting today in a live audio webcast starting at 10:30 a.m.

The Bentonville-based retailer opted for the fourth year in a row to hold the meeting virtually. Traditionally, it was held in Northwest Arkansas.

Today's meeting is for shareholders to vote on formal business and proxy proposals.

Shareholders of record as of April 6 are eligible to vote. They may attend the meeting and cast their votes online using instructions provided in Walmart's annual proxy statement.

The public may listen to the meeting, without the option to vote, through a link on the company's website. A transcript of the event will also be made available at the same location.

Shareholders will vote on 11 board nominees; three company proposals such as a resolution approving Walmart's executive officers' compensation; and eight shareholder proposals, all of which the company recommends voting against.

Walmart's shares fell 39 cents, or 0.27%, to close Tuesday at $146.03 on the New York Stock Exchange. Its shares have ranged from $117.90 to $154.64 in the past year.


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