Wal-Mart Stores Inc. announced a $15 billion share buyback program at its annual meeting on Friday, as the world's largest retailer faces increasing scrutiny from investors over how it has handled allegations of bribery in its Mexican operations that surfaced a year ago.
By Anne D'Innocenzio|June 07, 2013 at 06:17 AM
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FAYETTEVILLE, Ark. (AP) — Wal-Mart Stores Inc. announced a $15 billion share buyback program at its annual meeting on Friday, as the world’s largest retailer faces increasing scrutiny from investors over how it has handled allegations of bribery in its Mexican operations that surfaced a year ago.
Wal-Mart Stores Inc. brought the usual star power to its annual shareholder meeting, with “X-Men” and “Les Miserables” star Hugh Jackman hosting and singer John Legend entertaining.
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