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) 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 table
| 2:1 Stock Splits |
Shares |
Cost per Share |
Split Date Mkt. Price |
Record Date |
Distributed |
| On the Offering |
100 |
$16.50 |
|
|
|
| May 1971 |
200 |
$8.25 |
$47.00 |
5/19/71 |
6/11/71 |
| March 1972 |
400 |
$4.125 |
$47.50 |
3/22/72 |
4/5/72 |
| August 1975 |
800 |
$2.0625 |
$23.00 |
8/19/75 |
8/22/75 |
| Nov. 1980 |
1,600 |
$1.03125 |
$50.00 |
11/25/80 |
12/16/80 |
| June 1982 |
3,200 |
$0.515625 |
$49.875 |
6/21/82 |
7/9/82 |
| June 1983 |
6,400 |
$0.257813 |
$81.625 |
6/20/83 |
7/8/83 |
| Sept. 1985 |
12,800 |
$0.128906 |
$49.75 |
9/3/85 |
10/4/85 |
| June 1987 |
25,600 |
$0.064453 |
$66.625 |
6/19/87 |
7/10/87 |
| June 1990 |
51,200 |
$0.032227 |
$62.50 |
6/15/90 |
7/6/90 |
| Feb. 1993 |
102,400 |
$0.016113 |
$63.625 |
2/2/93 |
2/25/93 |
| March 1999 |
204,800 |
$0.008057 |
$89.75 |
3/19/99 |
4/19/99 |