A Walmart sign is seen inside its department store in West Haven, Connecticut, U.S., - Filepic
NEW YORK: Members of the Walton family have sold 16.7 million shares of Walmart Inc this year as they try to keep their stake in the world’s biggest retailer from ballooning amid the company’s stock buybacks.
The Walton Family Holdings Trust sold US$430mil (RM1.77bil) worth over the past week, taking their total sales to almost US$2.1bil (RM8.64bil) since Jan 1, according to Securities and Exchange Commission filings.
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