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Walmart initiates a three-for-one stock split to facilitate employee stock ownership.
Doug McMillon emphasizes founder Sam Walton's vision for accessible shares.
This marks Walmart's 12th stock split, the first since 1999.
The decision reflects a strategic response to approaching all-time share highs.
Walmart's CEO underscores the importance of maintaining inclusive share prices.
The move aligns with a broader initiative to enhance employee ownership within the company.
Walmart adapts to market dynamics while reinforcing its commitment to inclusivity and growth.