date:Jun 08, 2013
Wal-Mart Stores Inc's board approved a $15 billion stock repurchase plan, its first in two years, the world's largest retailer announced at its annual meeting on Friday.
The event at the Bud Walton arena in Fayetteville, Arkansas, is traditionally more of a pep rally for thousands of employees than a typical annual meeting. Shareholders attend, including members of the Walton family, who collectively own just over half of Wal-Mart's shares. But the largest and loudest contingent is 14,000 worke