Walmart Shares Slide 2.51% in Three Days Amidst Annual Meeting Highlights Trading Volume Ranks 38th

Walmart Inc. (WMT) shares fell 0.50% on June 6, 2025, marking the third consecutive day of decline, with a total decrease of 2.51% over the past three days. The company's trading volume reached 15.21 billion, ranking 38th in the day's market activity.

Walmart Inc. held its 2025 Annual Shareholders' Meeting on June 5, 2025, with approximately 91.4% of all outstanding shares represented. Doug McMillon, President and CEO, highlighted the company's strong fiscal year 2025 results, emphasizing investments in wages, opportunity, innovation, technology, and community improvement. McMillon noted that Walmart can continue to improve its return on investment while making strategic investments to strengthen the company. He also mentioned the scaling of higher-margin businesses and the commitment to keeping merchandise prices low.

During the meeting, four proposals were presented to shareholders. All four proposals passed with a majority of the votes. The first proposal involved the election of 12 director nominees, each receiving over 95.7% of the votes. The second proposal ratified the appointment of Ernst & Young LLP as Walmart’s Independent Accountants, with 97.8% of the votes in favor. The third proposal, an advisory vote on the compensation of named executive officers, received 95.2% of the votes. The fourth proposal approved the Walmart Inc. Stock Incentive Plan of 2025, with 98.3% of the votes in favor.

Seven additional shareholder proposals were presented but failed to receive a majority of the votes. These proposals included requests for third-party assessments of company policies, reports on plastic packaging and recyclability, racial equity audits, and health and safety governance, among others. The official voting results for each item will be disclosed in a report to be filed with the Securities and Exchange Commission.