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So how is not buying American going for you?
(lemmy.sdf.org)
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this post was submitted on 07 Feb 2025
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Great until I went into Dollarama and bought an energy drink and now I need to get two gifts for 6 year olds. Most likely at Walmart ๐คฆ๐ผ
I don't know what you did in the end, but literally any store is probably better than Walmart, which is privately owned by the Waltons. Even Costco has shareholders all around the world.
Walmart is a publicly traded company. The largest shareholder is the Walton Family (50%) with the rest of the shares purchased by investors around the world.
Oh really? Shit, I missed that, I'm going to have to edit a couple comments.
It's over 50%, according to Wikipedia, so the basic gist still works. It's a Walton company with some outside investors.
[https://www.sec.gov/ixviewer/ix.html?doc=%2FArchives%2Fedgar%2Fdata%2F104169%2F000010416924000078%2Fwmt-20240424.htm#id138cb1433b44120b7c101e226ea4cae_157](SEC Document) I'm still calculating slightly less than 50% of Walmart between the Waltons and their Trust.
Thank you for doing the math, unfortunately SEC won't even load for me.
I'd expect they'd want to keep more, but I guess they could just rely on a small share of the other voting investors to pass whatever they need, since opposition is never perfectly unanimous.
We bake cookies as kids gifts. We never buy stuff. They chomp the cookies down and the next year ask if we brought them again.