BENTONVILLE, Ark. — Walmart Inc. announced it has officially transferred its common stock and bonds to Nasdaq, marking a new chapter of trading for the world’s largest retailer. The move, celebrated today with an opening bell ceremony, reflects Walmart’s long-term plan to partner with a tech-focused exchange that supports its omnichannel goals.
The transition is based on a thorough assessment of trading execution, brand consistency, and broader opportunities to drive innovation at a large scale. Walmart stated that Nasdaq’s technological expertise and support for companies undergoing digital transformation make it the best platform for the company’s next growth phase.
“Our decision to list on Nasdaq reflects Walmart’s deep commitment to innovation and growth as a people-led, tech-powered omnichannel retailer,” said Doug McMillon, president and CEO of Walmart. “Nasdaq’s focus on technology and its support for companies driving digital transformation align perfectly with our strategic vision. This is an exciting next chapter as we continue building a frictionless future for our customers, members, associates, and shareholders.”
Adena Friedman, Nasdaq chair and CEO, said the exchange is proud to back Walmart as it evolves its retail ecosystem. “Walmart continues to set new standards in convenience, value, and choice, leveraging technology to make retail simpler and more connected,” Friedman noted. “We are proud to support Walmart’s next era of growth as they drive innovation at scale and redefine how communities worldwide engage with commerce.”
Walmart’s public-market journey started on October 1, 1972, when the company listed on the New York Stock Exchange at $16.50 per share. Over decades of rapid growth both domestically and internationally, Walmart completed 12 stock splits, most recently in 2024, and has increased its annual dividend for more than 40 consecutive years. The company stated that these milestones demonstrate a sustained commitment to accessible ownership and consistent returns.
Looking ahead, Walmart is preparing for a leadership change as John Furner takes on the CEO role on February 1, 2026. The company stated that Furner will continue to promote its tech-driven strategy, modernize operations, and improve the customer and member experience worldwide.
“We are excited for what lies ahead,” McMillon added. “With John Furner as CEO, Walmart will continue to innovate and evolve with a relentless focus on customers, technology, and data-driven decision making.”
