Walmart Stock Price In 1972 | StatMuse Money (2024)

FAQs

Walmart Stock Price In 1972 | StatMuse Money? ›

The closing price for Walmart (WMT) in 1972 was $0.01, on December 29, 1972. It was up 7% for the year. The latest price is $60.24.

The first offering, on October 1, 1970, was $16.50 per share. Since then, Walmart stock has split two-for-one 11 times. That means a person who bought 100 shares for $1,650 in 1970 would, 40 years later, have 204,800 shares, worth about $17 million.

The world's largest private employer has split its stock 11 times since it went public in 1970, but this is its first since 1999. Walmart is the most recent of a group of Fortune 50 companies, including Apple and Tesla, to split their stock in recent years.

End of interactive chart. Walmart first offered common stock to the public in 1970 and began trading on the New York Stock Exchange (NYSE: WMT) on August 25, 1972. We have provided an annual cash dividend, paid quarterly, to shareholders since first declaring a dividend in 1974.

The closing price for Walmart (WMT) in 2002 was $11.11, on December 31, 2002. It was down 11.9% for the year. The latest price is $59.53.

The closing price for Walmart (WMT) in 1972 was $0.01, on December 29, 1972. It was up 7% for the year. The latest price is $59.14.

Ten Year Stock Price Total Return for Walmart is calculated as follows: Last Close Price [ 60.21 ] / Adj Prior Close Price [ 21.25 ] (-) 1 (=) Total Return [ 183.4% ] Prior price dividend adjustment factor is 0.81.

Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock. Over the years, Walmart had had 11 2-for-1 stock splits, doubling the number of shares on each occasion.

The highest analyst price target is $75.99 ,the lowest forecast is $58.99. The average price target represents 8.32% Increase from the current price of $60.68. Walmart's analyst rating consensus is a Strong Buy. This is based on the ratings of 28 Wall Streets Analysts.

Who owns the other 50% of Walmart? ›

It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.

While Wal-Mart Stores as a corporate legal name is rarely used in public-facing materials or in stores themselves, CEO Doug McMillon said in a statement that he felt the name change was needed to be “consistent with the idea that you can shop us however you like as a customer.”

Sam Walton's strategy is built on an unshakeable foundation: the lowest prices anytime, anywhere. On July 2, 1962, Sam Walton opens the first Walmart store in Rogers, Arkansas. The Walton family owns 24 stores, ringing up $12.7 million in sales. The company officially incorporates as Wal-Mart Stores, Inc.

Jim Walton owns the most shares of Walmart (WMT). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

The closing price for Walmart (WMT) in January 2024 was $54.90, on January 31. It was up 5.1% for the month. The latest price is $58.92.

The average closing price for Walmart (WMT) in 1975 was $0.008. It was up 179.4% for the year. The latest price is $59.15.

Walmart succeeded with its initial public offering (IPO), and a grand total of six shareholders attended the first meeting, held in a coffee shop near Walmart's warehouse. Debuting at $15 per share, the run-up to $16.50 put smiles on the shareholders' faces. The IPO was a success.

The closing price for Walmart (WMT) in 1974 was $0.003, on December 31, 1974. It was down 30.6% for the year. The latest price is $59.53.

The closing price for Walmart (WMT) in 1979 was $0.02, on December 31, 1979. It was up 47.6% for the year.