Walmart spent $35.3B on stock buybacks from 2019 to 2024, enough to give each of its 2.2M employees annual bonuses of $2,719.

Last year, Walmart CEO Doug McMillon pocketed $27.4M — 930x the company's median employee pay of just $29,469.

Textbook corporate greed.

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  1. From the beginning of Walmart everything about it screamed negative. I have NEVER shopped at Walmart & as I see this I won't change. Shop small/shop local.

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  2. Haven’t been in a Walmart in 17yrs & I live 1/2 mile from one they don’t pay workers their worth they run small farms out of business they don’t promote women Nothing they have that I can’t get somewhere else

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  3. hell My Daughter ended up in the hospital for a week, she almost died her white blood cell count went to 32,000 and Walmart said they did not accept doctor's notes for an absence, and fired her right the week after Black Friday in 2022 and said her constant week long absence is why she was let go!

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  4. This is exactly what “corporate greed” looks like in plain numbers. Stock buybacks enrich shareholders and executives while the workers who actually run the business get scraps. If capitalism is meant to reward labor and innovation, Walmart is doing it backward.

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  5. “Bonuses”

    Still in shock how Trump & Right Wing Propagandists sold first tax cut

    Anyway…

    Stock Buybacks should be illegal

    “Shareholder Value” is repeated over & over to justify & is just ridiculous propaganda

    So many other ways to increase “Shareholder Value”

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  6. Want to talk about extremism? This is a prime example of extreme capitalism— the rich building their wealth off the back of the poor. We’re looooong overdue for a democratic socialist federal government; otherwise, reap what you sow.

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  7. Glad you went with median. Corps love to use average to obscure the insanely high salaries at the top and make it look like those at the bottom are doing better than they really are.

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  8. Doug McMillon is a major Dump Supporter!... This sounds about right!... Screw the little guy as long as the ReTHUG CEO Billionaire is thriving!

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  9. I’d bet my social security check employee bonuses from stock buybacks never crossed Walmart management’s minds. And if it did, it was good for a laugh in their corporate boardroom. Social Darwinism is in their DNA.

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  10. Trump and the Republicans keep giving them “no strings attached” tax cuts that they do not need. The GOP never even stipulates that they should have to pay a living wage. Same with McDonald’s and every other mega profitable corporation. All while cutting benefits for the less fortunate.

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  11. Trump Media (DJT) announced a $400 Million buyback June 23 at a price of $18.21 and their stock is now $17.55. Could that be due to who owns most of the stock?

    The DJIA is up uppity up 7% ⬆︎⇧↑ since the same date.

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  12. Too bad Walmart wiped out everyone else where they went. Some places have no opportunity to boycott. 😡😭

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  13. Every member of the Walton clan could randomly make 1 employee a millionaire every day, and it wouldn't even make a dent in their overhead. They deliberately drive mom and pop stores to the ground, ruin the local economy, and leave Walmart is the welfare queens. It will never be enough Tax the rich

    It was a routine arrest, the kind Texas Public Safety officers like Trooper Jeffrey Davis make every day. But little did Davis know that the woman he had just booked for driving while intoxicated poss...

    The Untold Story of Alice Walton's DWI Incident

    It was a routine arrest, the kind Texas Public Safety officers like Trooper Jeffrey Davis make every day. But little did Davis know that the woman he had just booked for driving while intoxicated poss...

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  14. It is a much heavier and harder train to slow down now, isn't it? The best time for government was yesterday, the second best time .. yada yada

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  15. Walmart should never be mentioning without pointing out that much of their work force is on public assistance. WE paid for those stock buybacks.

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  16. Any stats on Medicaid and SNAP usage among their employees? Employers who don't provide reasonable healthcare should be forced to fund Medicaid Expansion. They're treating it as a free health insurance program.

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  17. Absolutely agree! CEOs make way too much money today and their incentives are all about profits and nothing about long term employee engagement. Look to Costco, great pay and benefits and a long term growth strategy based on every employee’s participation.

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  18. I cannot stress this enough. Those who are in control of the money overvalue the actual worth of their contribution to the work being done.

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  19. Walmart Retention Score

    Walmart is in the Bottom 30% of similar sized companies in its ability to retain quality employees. 39% of employees would not leave Walmart if they were offered a job for more money while 48% are excited to go to work each day.

    www.comparably.com/companies/wa...

    See what people like you get paid and how they rate their jobs. Comparably makes work better by making compensation and culture transparent.

    Walmart Retention Score

    See what people like you get paid and how they rate their jobs. Comparably makes work better by making compensation and culture transparent.

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  20. Simple math shows that the bonus they could have given is about 10%. Clearly, not enough for their tragically-underpaid workers, but a much better use of the money than lining the pockets of the already-wealthy few.

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  21. Last year walmart reintroduced annual bonuses. The amount of this bonus is based of years employed. Many employees reported only getting $50 for being employed for a few years. Employees with more years 8-10 reported getting around $250, not even a paycheck worth. Some employees said it never

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  22. In a 2020 Government Accountability Office analysis of 15 state, Walmart ranked among the top 4 employers of SNAP and Medicaid beneficiaries in every state surveyed.

    In those states, Walmart alone accounted for an estimated 14,500 employees receiving SNAP benefits — and that’s just food aid.

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  23. And the government subsidizes their workers with food stamps and earned income credit..and on top of that Walmart has caused small independent businesses go bankrupt over the last 30 years.

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  24. Hmm. NANCY PELOSI has 246 million. The average US SENATOR has between 10 million and 50 million. The prices you named MEAN NOTHING to the Politicians, as those prices are half of their net worth. They have no claim to the system. They dont have to work again. THEY could care less about citizens.

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  25. And how many Walmart employees receive government assistance? Taxpayers are subsidizing the CEO and shareholders of Walmart.

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  26. Wake up people! This system is not benefitting us. It is designed to benefit the wealthy. And they just can’t seem to get enough.

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  27. Biden was president during those yrs!

    Buybacks became legal under Reagan, surprise, surprise.

    Why didn't Democrats change tax laws to make buybacks illegal?

    Why are we even bothering to elect Democrats if they aren't willing to straighten out the problems created by Republicans?

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  28. Again, the COE pay is absurd, but don't forget the owners = shareholders: Through those buybacks, WalMart tripled the value of its shares from ~ 300 bn to ~900 bn. The value add amounts to ~20,000 years of this absurd CEO pay!

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  29. Yeah, but what are you going to do. People still keep giving them money hand over fist no matter how they treat their employees or how little they pay them. They have put themselves in a position to control people's spending in many cases where they're the only store in a reasonable distance.

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  30. My bonus last year was $163. It was the first time in years that they gave one to all of their employees. I was happy to get that, even though it's nowhere near what the ceo got.

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  31. But folks are still supporting the multi billionaire owners and shareholders by shopping at Walmart. Folks need to look at what harto Target when that CEO decided to bite the hands that feed. The stock is still dropping.

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  32. Walmart is evil. Always has been. The best thing we could do is shut them down. They’ve killed rural America and continue to drive poverty wages, monopolize whole areas, and shut down mom & pop establishments.

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  33. Have stock buybacks always been a practice for publicly traded companies or was there a regulatory shift that made this practice easier/more profitable?

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  34. I asked GPT-5 to gather DEA data to calculate how many Olympic swimming pools filled with cocaine that Elon Musk can afford.

    Answer: Six

    Now I'm no socialist, but I think anything over one is a bit too much, y'know?

    Like one 660,000 gallon pool of cocaine should be enough for anyone. Just sayin'

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  35. Walmart was the only place that would hire someone old like me, what are old people like me supposed to do when you can only find a job at Walmart? Are you going to hire us? The job market for seniors is a disastrous uphill battle so if Walmart is the only place for us seniors so be it.

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    1. Implement a 90% export tax on all wealth to stop money from leaving the country.
    2. Create a tax rate for wealth over $1 billion sufficient to recoup 90% of unfairly accumulate gains.
    3. Create an income tax rate that is progressive to a point where the ultra wealthy are paying their fair share.

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  36. Before Reagan, stock buybacks were illegal. They enrich the wealthy at the expense of the middle-class. Most investors think more stock is better so they buy the cheaper common stock. The wealthy buy preferred stock, because companies can force common stock holders to sell their stock to the company

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  37. Textbook wage theft turned into bonuses for those on top at the expense of the workers who actually make the company money. Who would be missed more if 2 weeks went by: All workers or All management?

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  38. There should be tax incentives for businesses that tie CEO pay to the lowest paid worker. a ratio of 30 to 1 would be a good start. All compensation received by the CEO is included and no contracting out your lowest paid jobs.

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  39. Why don't employees buy a few shares of stock? Or better yet employers could give them some stock. Them employees would be owners and would benefit from the value they create and from stock buy backs, too

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  40. And yet,at the till, the cashier has to ask each customer if they would like to donate to the cause of the week. My answer is always, "Mr Walmart is the one who should be donating, not his customers!"

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  41. Full blown. In our faces. People still not mad, or stunned into shock that those folks would even think to do that. I'm hoping the mid-terms will show what angry voters will do. But Beware...

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  42. Yet everyone continues to shop and work at Walmart. This country doesn't have a fucking clue how to sacrifice to save our freedoms. We are finished.

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  43. Per usual! I expect nothing less from these greedy corporations! They don’t pay their fair share in taxes and believe in slave labor! Don’t patronize Walmart, Target, Amazon and get off all Social Media platforms except Blue Sky and YouTube !!!

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  44. Like Old-fashioned selfish Robber Barons, instead of welcoming, the generosity of “Give me your tired, your poor, your huddled masses yearning to breathe free, the wretched refuse of your teeming shore. Send these, the homeless, tempest-tost to me, I lift my lamp beside the golden door" Emma Lazarus

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  45. How many of his employees are on food stamps?

    Oh ya, wait, they are taking those away too so the corporations can’t be measured on how meager they pay their employees.

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  46. And Walmart employees are the largest receivers of government assistance because Walmart doesn't pay them enough to live

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  47. Imagine a corporate pay gap tax. Where the percentage of taxes is based on the difference between the top pay job and the median employee pay.

    The higher the gap the more they must pay. This will force them to decided. “I can’t have the money, so do I give it to my employees or the government?”

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  48. But if Walmart employees threatened to quit all at once...

    Yet they accept the corruption, and so it gets worse.

    A microcosm of the American story in 2025.

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  49. Almost every single major problem we face has its roots in income inequality or poverty. We do not have infinite resources and access is determined by income. The clear hoarding of those resources is an affront to human rights in a world where many do not have clothes, shelter or healthcare. Facts

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  50. Workers benefited when stock buybacks were illegal. The whole working middle class benefitted before stock buybacks Thank Ronnie the deregulator Reagan for that one.

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  51. Walmart delivers reliable quality and prices consistently lower than other providers where I live in rural America. They also employ people (blue collar people) and promote from within. They are a cornerstone of rural American life.

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  52. Stock buybacks don’t make stores run smoother or workers’ lives better.They just inflate share prices and CEO paychecks. Imagine the economic ripple if $35B went into wages instead.

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  53. The greedy, traitorous ceo’s of corporations supporting trump assisted by the treasonous gop, corrupt justices of the Supreme Court & trump the traitor president must be called-out & held accountable for trying to kill our democracy. Boycott these corporations by protests & not buying from them

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  54. There a rumbling movement to make no blue chip physical purchases every Thursday

    Sign of protest

    If it got legs

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  55. Sam Walton built a large corporation. Today his 7 heirs have a combined wealth of nearly a quarter trillion dollars. They didn’t have to work for that money. They also didn’t need the tax cut the Republicans gave them while taking away healthcare and food from millions.

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  56. So far Trump has made $3.4 Billion dollars during his 2025 presidency..Trump reported on his taxes during his first presidency earnings of $1.6 billion dollars..the presidency is lucrative for this guy..

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  57. That amount is just about the amount to cost them any tax breaks or credits or programs for child care. It’s a difficult solve at that pay level.

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  58. Somewhat, these people are entitled to your work (slavery) while you are not entitled to benefits and getting your fair share from your work and public services

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  59. It's how the system was designed.

    If you don't put limits they won't put limits themselves.

    If you put limits they will cheat them.

    The whole system is designed around making the wealthy wealthier.

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  60. Now do Uber. They cut driver payouts by 75%, their stock is soaring & they pay a team of people $75k each to lie directly into drivers’ faces telling them that the 75% cut doesn’t actually affect their take home.

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  61. I'm tired of helping to make the Walton family and Walmart executives rich with my tax dollars going to public assistance to their retail employees who can't make Ends meer.

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