Walmart Inc. has announced a significant 3 for 1 stock split, set to take effect on February 26, 2024, with an Ex-distribution Date on the same day. Shareholders on record as of February 22, 2024, will be eligible for the stock split, with the Payable Date following shortly on February 23, 2024. In accordance with the Options Clearing Corporation's (OCC) By-Laws, all Walmart Inc. options will undergo an adjustment. The adjustment includes a new multiplier of 100, a contract multiplier of 3.00, and a strike divisor of 3.00, resulting in a new deliverable per contract of 100 Walmart Inc. common shares. The adjustment will affect option strike prices, with a detailed list provided, reflecting the changes from the original strike prices to the new strike prices post-split. This...Show More

Walmart Inc. has announced a significant 3 for 1 stock split, set to take effect on February 26, 2024, with an Ex-distribution Date on the same day. Shareholders on record as of February 22, 2024, will be eligible for the stock split, with the Payable Date following shortly on February 23, 2024. In accordance with the Options Clearing Corporation's (OCC) By-Laws, all Walmart Inc. options will undergo an adjustment. The adjustment includes a new multiplier of 100, a contract multiplier of 3.00, and a strike divisor of 3.00, resulting in a new deliverable per contract of 100 Walmart Inc. common shares. The adjustment will affect option strike prices, with a detailed list provided, reflecting the changes from the original strike prices to the new strike prices post-split. This corporate event will also lead to adjustments in futures as per OCC's By-Laws. The OCC has issued a disclaimer stating that while they provide an unofficial summary of corporate events, they do not take responsibility for the accuracy or completeness of the information, and investors should independently verify details relevant to their investment decisions.