Wal-Mart Stores, Inc. (WMT) announced shareholder voting results for its Annual Shareholders' Meeting held June 7. Nearly 91.9 percent of outstanding shares were represented at the meeting. With the shareholders approving the election of each of Walmart's 14 director nominees, each director received affirmative votes from around 87.77 percent or more of the shares voted, excluding abstentions and broker non-votes.
Shareholders also ratified Ernst & Young LLP as Walmart's independent accountants, with affirmative votes from about 99.4 percent of the shares that were represented at the meeting and entitled to vote. On an advisory basis, shareholders voted to approve the compensation of Walmart's named executive officers described in Walmart's 2013 proxy statement, with roughly 98.4 percent of the shares present in person or represented by proxy voting in favor of this proposal. In each of the three years shareholders have had an opportunity to vote on the compensation of Walmart's named executive officers, over 98% of the shares were voted in favor of this proposal. The board had recommended a vote for this proposal. Shareholders voted to approve the Wal-Mart Stores Management Incentive Plan, as amended, with about 98.7 percent of the shares present in person or represented by proxy voting in favor of this proposal.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.