Walmart to hold virtual-only Shareholders’ Meeting due to COVID-19

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BENTONVILLE, Ark. (KNWA/KFTA) — Walmart is going virtual for its annual Shareholders’ Meeting due to the COVID-19 pandemic. 

The 2020 meeting will now be a business meeting held virtually. The main focus will be on shareholder voting.

The meeting set for Wednesday, June 3, 2020, will be conducted by a virtual meeting only. While shareholders will be able to attend the meeting online, there will not be a physical location for the annual meeting.

The record date for shareholders entitled to vote at the virtual meeting is April 9, 2020. Additional details confirming how shares may be voted before or during the meeting on June 3, as well as the time of the virtual meeting and how to access it as a shareholder, will be included in the company’s proxy statement to be filed later this month.

The public will also be able to listen to the Annual Shareholders’ Meeting, without the option to vote, through a link on the company’s website.

The event, held each June in Northwest Arkansas, usually features a large associate celebration that welcomes Walmart workers from across the world.

The retailer is now exploring ways to celebrate its associates virtually this year.

Walmart also announced that it is extending work-from-home measures for associates working at the Home Office in Bentonville.

Associates will now work from home through May 4.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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