Wal-Mart plans to buy back $15 billion in stock
Wal-Mart Stores Inc., after having repurchased $11.5 billion in stock over the past two years, said Friday that it plans to buy back as much as $15 billion in stocks in a new share repurchase program.
NEW YORK Wal-Mart Stores Inc. said Tuesday that it is temporarily suspending its stock repurchase program, citing the economic environment and instability in the credit markets.