New York, Oct 10 (EFE) .- The giant supermarkets Walmart announced today the approval of a new stock buyback plan to which it will allocate about 20,000 million dollars, and its stock market was soaring on Wall Street. p>
The US multinational said in a statement of its plans for the future and said that plan to compensate shareholders taking advantage of the excess liquidity it has will last two years. p>
Walmart also reaffirmed its forecasts for the fiscal year 2018 as a whole, which it hopes to close with a net profit per share of $ 4.18 to $ 4.28, and expects to increase those earnings by 5% by 2019. p>
"We are having a good time in business, executing our strategy and moving with speed to win with customers, "Doug McMillon, president and CEO, said in the same statement. p>
of Arkansas said it now expects its online sales in the United States to increase 40% during the next fiscal year, while expecting its total sales to grow around Walmart, the world's largest retailer with a presence in the Americas, Asia and Europe, has a staff of more than two million employees and currently has a Stocks worth more than $ 250 billion. p>
His plans were well received by investors, and shares of Walmart, one of the 30 stocks in the Dow Jones, soared 4.47% before the equator of the day and have already accumulated a strong rise of 21% since the beginning of the year.