WMT · 10-Q · 2026Q3 · Full report

Capital Return Program

Walmart Inc. · 2026-08-28 · Importance 51 · Surprise 50 · In source text

Walmart approved a fiscal 2027 annual dividend of $0.99 per share, up from $0.94 in fiscal 2026, payable in four quarterly installments of $0.2475 per share. The company authorized a new $30 billion share repurchase program in February 2026, replacing the prior program, with $25.1 billion remaining authorization at July 31, 2026. Walmart repurchased 42.3 million shares for $5.1 billion during the six months ended July 31, 2026, down from $6.2 billion in the prior-year period. The company expects most ongoing repurchases to be funded through free cash flow.

Key facts

• In February 2026, the Company approved a new $30 billion share repurchase program that replaced the previous program beginning on February 23, 2026. source
• As of July 31, 2026, authorization for $25.1 billion of share repurchases remained under the current share repurchase program. source
• The Company approved the fiscal 2027 annual dividend of $0.99 per share, an increase from the fiscal 2026 annual dividend of $0.94 per share, effective February 19, 2026. source
• For fiscal 2027, the annual dividend of $0.99 per share was to be paid in four quarterly installments of $0.2475 per share with specified record and payable dates including payable dates April 6, 2026; May 26, 2026; September 8, 2026; and January 4, 2027. source
• During the six months ended July 31, 2026, the Company repurchased 42.3 million shares at an average price paid per share of $120.71, totaling $5,104 million. source
• The Company repurchased $5.1 billion in shares during the six months ended July 31, 2026, a decrease of $1.1 billion compared to the same period in the previous fiscal year. source
• The dividend installments payable on April 6, 2026 and May 26, 2026 were paid as scheduled. source

Impact estimates