Content about Walton family

June 1, 2012

Wal-Mart Stores CEO Mike Duke on Friday called integrity the company’s “bedrock” value during a presentation at the chain’s annual shareholders meeting in Fayetteville, Ark.

New York -- Wal-Mart Stores CEO Mike Duke on Friday called integrity the company’s “bedrock” value during a presentation at the chain’s annual shareholders meeting in Fayetteville, Ark. The meeting was held against the backdrop of allegations of illegal payments made to facilitate growth in Mexico, which Duke addressed directly in the following remarks: “We're working to continually strengthen our compliance efforts around the world,” he said.

February 6, 2012

Wal-Mart Stores on Monday announced that the company’s 2012 Annual Shareholders meeting will be held on Fri., June 1, 2012 at 7 a.m. CDT, in Bud Walton Arena at the University of Arkansas in Fayetteville, Ark.

Bentonville, Ark.  -- Wal-Mart Stores on Monday announced that the company’s 2012 Annual Shareholders meeting will be held on Fri., June 1, 2012 at 7 a.m. CDT, in Bud Walton Arena at the University of Arkansas in Fayetteville, Ark. 

The meeting also will be webcast on the company’s website at http://walmartstores.com/investors. Following the meeting, there will be an informal 30-minute live question and answer session with company executives for shareholders.

December 9, 2011

A Friday report by Reuters said that Wal-Mart Stores Inc. disclosed an agreement Thursday to sell more than 70 million shares by a firm controlled by members of the founding Walton family.

Bentonville, Ark. -- A Friday report by Reuters said that Wal-Mart Stores Inc. disclosed an agreement Thursday to sell more than 70 million shares by a firm controlled by members of the founding Walton family.

Walton Enterprises LLC, controlled by S. Robson Walton, Alice L. Walton, Jim C. Walton and the John T. Walton Estate Trust, registered for sale 70,615,608 shares of company stock. That represents about 2% of Wal-Mart's outstanding shares.

July 27, 2011

The Walton Family Foundation revealed Wednesday that it will donate $50 million to Teach For America, a commitment that stands to nearly double the size of the organization’s teaching ranks.

Bentonville, Ark. -- The Walton Family Foundation revealed Wednesday that it will donate $50 million to Teach For America, a commitment that stands to nearly double the size of the organization’s teaching ranks.

The charity that was created by the founder of Wal-Mart Stores will mete out half of the funds over a three-year period, and will increase the number of teachers to 15,000 by 2015. The remaining half of the donation will support the training of existing Teach for America instructors in seven communities.

June 7, 2011

A $15 billion share buyback program, unveiled earlier in June, will allow Wal-Mart Stores’ founder Sam Walton’s descendants to see their stake in the chain edge up above 50%.

New York City -- A $15 billion share buyback program, unveiled earlier in June, will allow Wal-Mart Stores’ founder Sam Walton’s descendants to see their stake in the chain edge up above 50%.

After Walton died in 1992, family members retained a stake of around 38% from the mid-1990s to the mid-2000s. Starting in 2003, a series of big share buybacks began to push the family stake higher, to 43% in 2008 and now to 49%, according to the latest filings.

June 3, 2011

Wal-Mart Stores on Friday kicked off its annual shareholders meeting by announcing a $15 billion stock buyback that will replace a previous $15 billion repurchase plan begun a year ago.

New York City -- Wal-Mart Stores on Friday kicked off its annual shareholders meeting by announcing a $15 billion stock buyback that will replace a previous $15 billion repurchase plan begun a year ago.

The meeting, attended by approximately 15,000 people, including Wal-Mart employees from around the globe, was held at the Bud Walton Arena on the campus of the University of Arkansas in Fayetteville, Ark.

August 23, 2005

New York City, ...