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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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-0.33 | -0.54% | 60.29 | 60.845 | 60.22 | 60.62 | 10,977,436 | 22:20:02 |
For a second time, Walmart will match customer donations two-to-one with additional cash and product donations of up to $10 million
In response to the severe weather impacting the country, Walmart is committing up to $10 million in additional support for 2017 U.S. hurricane relief efforts. This will bring the total committed by Walmart to hurricane relief efforts this year to $30 million, building on the support provided in response to Hurricane Harvey that hit the Gulf region two-and-a-half weeks ago.
“We know our associates and customers make the difference. And once again, when needed the most, they are stepping up to help in a major way,” said Kathleen McLaughlin, president of the Walmart Foundation and chief sustainability officer for Wal-Mart Stores, Inc. “This is about neighbors helping neighbors and we will continue to be there for the communities we serve as they recover.”
With devastating storms and flooding hitting the United States, and building on the response to raise funds for Hurricane Harvey, Walmart is launching a new customer campaign with the American Red Cross to assist with hurricane relief more broadly. As part of this new effort, Walmart will match customer donations two-to-one with cash and product donations of up to $10 million to support American Red Cross disaster-response efforts. These donations will help those impacted by hurricanes in 2017 by providing shelter, food, comfort and emergency assistance.
Walmart continues to respond in the areas of greatest need throughout the country during this year’s hurricane season.
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 along with home and personal products. Aside from amounts committed in response to this year’s hurricane season, Walmart and the Walmart Foundation have donated more than $60 million in cash and in-kind donations in response to disaster events since 2005.
Customer Campaign Details
During the campaign, customers can donate to the American Red Cross at registers in Walmart stores and Sam’s Clubs or on Walmart.com and Samsclub.com. By texting SUPPORT to 90999 customers also have the option to donate $10 via their wireless carrier.* For every $1 donated, Walmart will contribute $2 worth of cash or, at Walmart’s option, needed product to the American Red Cross, up to $10 million. Walmart’s product contributions will be valued at Walmart’s cost. The campaign will run from September 10, 2017 through September 16, 2017.
*A one-time $10.00 donation will be added to your mobile bill or deducted from your prepaid balance. All donations must be authorized by account holder. Must be 18 or older or have parental permission to participate. Message and data rates may apply. Text STOP to 90999 to STOP. Text HELP to 90999 for HELP. Full Terms and Privacy Policy: hmgf.org/t.
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 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 2.4 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/20170910005060/en/
Walmart Media Relations:Aaron Mullins, 1-800-331-0085news.walmart.com/reporter
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