When Did Walmart First Offer Common Stock to the Public?


Quick Answer

Walmart first offered common stock to the public in 1970 and started trading on the New York Stock Exchange on August 25, 1972, under the symbol WMT, states the company. As of June 2015, it has paid its shareholders a cash dividend each quarter since first declaring a dividend in 1974.

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Full Answer

Founded by Sam Walton and based in Bentonville, Arkansas, Walmart has a presence in 28 countries worldwide, serving over 245 million customers and members weekly, notes the company's website. The company operates approximately 11,000 stores and has about 2.2 million employees. In fiscal year 2015, Walmart generated net sales of $482.2 billion.

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