(Updates with stock movement and share buyback program in the headline and first paragraph.)

Walmart (WMT) shares were up 1.9% in recent Thursday trading after the company reported higher fiscal Q4 results and approved a new $30 billion share repurchase program to replace the remaining capacity of its previous plan.

The company reported fiscal Q4 adjusted earnings Thursday of $0.74 per diluted share, compared with $0.66 a year earlier.

Analysts surveyed by FactSet expected $0.73.

Revenue for the quarter ended Jan. 31 was $190.66 billion, compared with $180.55 billion a year earlier.

Analysts surveyed by FactSet expected $190.49 billion.

The company said it expects fiscal Q1 adjusted EPS of $0.63 to $0.65 and fiscal 2027 adjusted EPS of $2.75 to $2.85. Analysts surveyed by FactSet expect fiscal Q1 adjusted EPS of $0.68 and fiscal 2027 adjusted EPS of $2.97.

Price: 129.02, Change: +2.40, Percent Change: +1.90