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Share Name | Share Symbol | Market | Type |
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Walmart Inc | NYSE:WMT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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4.14 | 6.92% | 63.97 | 64.415 | 62.94 | 64.22 | 58,722,693 | 21:21:47 |
Walmart and the Walmart Foundation commit up to $5 million in cash and product to assist Puerto Rico with recovery efforts
Walmart has committed $5 million in support of Hurricane Maria relief efforts. This builds on the commitments previously announced by Walmart and the Walmart Foundation totaling $35 million to support 2017 hurricane assistance in response to Hurricane Harvey and Hurricane Irma.
“Our associates and friends in Puerto Rico are in significant need,” said Kathleen McLaughlin, president of the Walmart Foundation and chief sustainability officer for Wal-Mart Stores, Inc. “We want to do all we can to help, not only with immediate hurricane assistance, but in the long term, knowing that there are many challenging days of recovery and rebuilding ahead.”
Walmart operates 45 retail facilities in Puerto Rico, which includes two distribution centers and a satellite headquarters, supported by nearly 15,000 associates across the Island. The $5 million commitment will support organizations helping with local relief efforts supporting those in need. Additional efforts by Walmart in Puerto Rico include:
Walmart has a long history of providing aid in times of disasters, helping communities prepare and recover by donating emergency supplies, such as food and water, home and personal products. In addition to this year’s hurricane response of more than $30 million, Walmart and the Walmart Foundation have donated more than $60 million since 2005 in cash and in-kind donations in response to disaster events.
About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 260 million customers and members visit our more than 11,600 stores under 59 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2017 revenue of $485.9 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.
About Philanthropy at Walmart
By using our strengths to help others, Walmart and the Walmart Foundation create opportunities for people to live better every day. Walmart has stores in 28 countries, employing more than 2.3 million associates and doing business with thousands of suppliers who, in turn, employ millions of people. Our philanthropy helps people live better by supporting upward job mobility and economic development for the retail workforce; addressing hunger and making healthier, more sustainably-grown food a reality; and building strong communities where Walmart operates and inspiring our associates to give back. Whether it is helping to lead the fight against hunger in the United States with $2 billion in cash and in-kind donations or supporting Women’s Economic Empowerment through a series of grants totaling $10 million to the Women in Factories training program in Bangladesh, China, India and Central America, Walmart and the Walmart Foundation are not only working to tackle key social issues, we are also collaborating with others to inspire solutions for long-lasting systemic change. To learn more about Walmart’s giving, visit http://www.foundation.walmart.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170928006258/en/
WalmartMedia Relations:Aaron Mullins, 800-331-0085news.walmart.com/reporter
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