By Colin Kellaher
Walmart's board has approved a new $30 billion share-repurchase program.
Walmart on Thursday said the new authorization replaces a $20 billion program announced in late 2022 under which it shelled out $8.1 billion to buy back 85 million shares in its most recent fiscal year, which ended Jan. 31.
The Bentonville, Ark., retail giant earlier this month joined the small but growing club of companies to sport a market capitalization topping $1 trillion.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 19, 2026 07:02 ET (12:02 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.