Walmart Announces 2020 Annual Shareholders’ Meeting Date
April 03 2020 - 3:16PM
Business Wire
Formal Business Meeting for Shareholders on
June 3 to be Held Virtually Due to the COVID-19 Pandemic
Walmart Inc. (NYSE: WMT) today announced that, as a result of
the public health impact from the coronavirus outbreak (COVID-19),
its Annual Shareholders’ Meeting set for Wednesday, June 3, 2020,
will be conducted by a virtual meeting only. While shareholders
will be able to attend the meeting online, 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 3. 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 April 9, 2020. Additional details confirming how shares
may be voted before or during the meeting on June 3, as well as the
time of the virtual meeting and how to access it as a shareholder,
will be included in the company’s proxy statement to be filed later
this month. 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.
In addition, due to the coronavirus outbreak the company is not
hosting its usual Associate Celebration event, which would have
been held at Bud Walton Arena in Fayetteville, Ark., on Friday,
June 5. The logistics and lead time required to coordinate 5,000
associates traveling from around the world to attend both the
Friday meeting and corresponding Associates Week events has created
too much uncertainty to ensure everyone’s safety given the current
state of the coronavirus pandemic.
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, over 265
million customers and members visit approximately 11,500 stores
under 56 banners in 27 countries and eCommerce websites. With
fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2
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
http://corporate.walmart.com, on Facebook at
http://facebook.com/walmart and on Twitter at
http://twitter.com/walmart.
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