Walmart's Trading Volume Surges to 37th Position Despite Stock Price Decline

On June 5, 2025, Walmart Inc. (NYSE: WMT) experienced a significant increase in trading volume, with a turnover of $15.49 billion, marking a 39.87% rise from the previous day. This surge placed Walmart at the 37th position in terms of trading volume for the day. However, despite the high trading volume, Walmart's stock price declined by 1.40%, marking the second consecutive day of losses, with a total decrease of 2.02% over the past two days.

Walmart Inc. held its 2025 Annual Shareholders' Meeting, where approximately 91.4% of all outstanding shares were 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 stated that Walmart can continue to improve its return on investment while making strategic investments to strengthen the company. He also noted the company's focus on scaling higher-margin businesses, investing in associates, and maintaining low merchandise prices.

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 Walmart's 12 director nominees, each receiving affirmative votes from approximately 95.7% or more of the shares voted. The second proposal ratified the appointment of Ernst & Young LLP as Walmart’s Independent Accountants, with approximately 97.8% of the shares voted in favor. The third proposal, on a non-binding, advisory basis, approved the compensation of Walmart’s named executive officers, with approximately 95.2% of the participating shares voting in favor. The fourth proposal approved the Walmart Inc. Stock Incentive Plan of 2025, with approximately 98.3% of shares voted in favor.

Seven additional shareholder proposals were presented but failed to receive a majority of the votes and did not pass. These proposals included requests for third-party assessments of company policies, reports on plastic packaging and recyclability claims, racial equity audits, and health and safety governance. The official voting results for each item voted on by shareholders will be disclosed in a report to be filed with the Securities and Exchange Commission.