Wal-mart (WMT) Approves $20B Buyback, Sees FY19 EPS Up 5%
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Walmart Highlights Progress on Strategic Initiatives and Outlines Plan to Win with Customers and Shareholders at its Meeting for the Investment Community
October 10, 2017 7:30 AM EDTThe company reiterates fiscal year 2018 GAAP EPS1 guidance of $4.18 to $4.28, or adjusted EPS1,2 guidance of $4.30 to $4.40. For fiscal year 2019, the company expects EPS3 to increase approximately 5 percent compared with fiscal year 2018 adjusted EPS2. The company announces a new $20 billion share repurchase program to replace its existing authorization and expects to utilize the new authorization over an approximate two-year period.
BENTONVILLE, Ark.--(BUSINESS WIRE)-- Walmart will host its annual meeting for the investment community today... More
