Walmart Inc. (formerly Wal-Mart Stores, Inc.) was incorporated on Oct. 31, 1969. On Oct. 1, 1970, Walmart offered 300,000 shares of its common stock to the public at a price of $16.50 per share. Since that time, we have had 11 two-for-one (2:1) and 1 three-for-one (3:1) stock splits. On a purchase of 100 shares at $16.50 per share on our first offering, the number of shares has grown as follows:
| Stock Splits | Split Ratio | Shares | Cost per Share | Split Date Mkt. Price | Record Date | Distributed |
|---|---|---|---|---|---|---|
| Feb. 2024 | 3:1 | 614,400 | $0.002686 | $175.56 | 2/22/24 | 2/23/24 |
| March 1999 | 2:1 | 204,800 | $0.008057 | $89.75 | 3/19/99 | 4/19/99 |
| Feb. 1993 | 2:1 | 102,400 | $0.016113 | $63.625 | 2/2/93 | 2/25/93 |
| June 1990 | 2:1 | 51,200 | $0.032227 | $62.5 | 6/15/90 | 7/6/90 |
| June 1987 | 2:1 | 25,600 | $0.064453 | $66.625 | 6/19/87 | 7/10/87 |
| Sept. 1985 | 2:1 | 12,800 | $0.128906 | $49.75 | 9/3/85 | 10/4/85 |
| June 1983 | 2:1 | 6,400 | $0.257813 | $81.625 | 6/20/83 | 7/8/83 |
| June 1982 | 2:1 | 3,200 | $0.515625 | $49.875 | 6/21/82 | 7/9/82 |
| Nov. 1980 | 2:1 | 1,600 | $1.03125 | $50.0 | 11/25/80 | 12/16/80 |
| August 1975 | 2:1 | 800 | $2.0625 | $23.0 | 8/19/75 | 8/22/75 |
| March 1972 | 2:1 | 400 | $4.125 | $47.5 | 3/22/72 | 4/5/72 |
| May 1971 | 2:1 | 200 | $8.25 | $47.0 | 5/19/71 | 6/11/71 |
| On the Offering | 2:1 | 100 | $16.50 |