Walmart Announces 2021 Annual Shareholders’ Meeting Date

Rhea-AI Summary

Walmart Inc. (NYSE: WMT) will hold its Annual Shareholders’ Meeting virtually on June 2, 2021, at 10:30 a.m. CDT, due to the COVID-19 pandemic. Shareholders can vote electronically before and during the meeting. The record date for voter eligibility is April 9, 2021. Walmart has canceled its traditional Associate Celebration at Bud Walton Arena but will host a virtual celebration on June 4. The company reported fiscal year 2021 revenue of $559 billion and employs over 2.3 million associates worldwide.

Positive

• Fiscal year 2021 revenue increased to $559 billion.
• Walmart employs over 2.3 million associates globally.

Negative

• Annual Shareholders' Meeting will be virtual only, limiting physical interaction.
• Cancellation of the customary Associate Celebration due to the pandemic.

Walmart Inc. (NYSE: WMT) today announced that its Annual Shareholders’ Meeting will be held on Wednesday, June 2, 2021. Due to the continuing COVID-19 pandemic, the meeting will be held in a virtual-only format and will begin at 10:30 a.m. CDT. While shareholders will be able to attend the meeting online through a live audio webcast, there will not be a physical location for the annual meeting.

The meeting will focus on shareholder voting on formal business and proxy proposals. Shareholders may vote their shares electronically, online, by mail or by phone prior to the formal business meeting on June 2. Shareholders entitled to vote at the meeting may also vote their shares online during the meeting.

The record date for shareholders entitled to vote at the virtual meeting is Friday, April 9, 2021. The company’s proxy statement that will be filed in April will include details confirming how shares may be voted before or during the meeting on June 2, as well as how to access it as a shareholder. The public will also be able to listen to the Annual Shareholders’ Meeting, without the option to vote, through a link on the company’s website.

As a result of the pandemic, the company will not be hosting its customary Associate Celebration at Bud Walton Arena in Fayetteville, Ark., which has traditionally welcomed 5,000 associates from around the world. Last year, the company held a virtual celebration for associates, and it is planning a similar Associate Celebration on Friday, June 4, with entertainment and messages from senior leadership.

About Walmart

Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, approximately 220 million customers and members visit approximately 10,500 stores and clubs under 48 banners in 24 countries and eCommerce websites. With fiscal year 2021 revenue of $559 billion, Walmart employs over 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210330005934/en/

FAQ

When is Walmart's Annual Shareholders' Meeting in 2021?

Walmart's Annual Shareholders' Meeting will be held on June 2, 2021.

How can shareholders vote in Walmart's Annual Meeting?

Shareholders can vote online, by mail, or by phone before and during the meeting.

What is the record date for voting at Walmart's Annual Shareholders' Meeting?

The record date for voting is April 9, 2021.

Will Walmart hold an Associate Celebration in 2021?

Walmart will not hold its customary Associate Celebration but plans a virtual celebration on June 4, 2021.

What is Walmart's revenue for fiscal year 2021?

Walmart reported a revenue of $559 billion for fiscal year 2021.