Summary
Walmart Inc. (formerly Wal-Mart Stores, Inc.) announced a significant corporate name change through an amendment to its Certificate of Incorporation, effective February 1, 2018. This change reflects the company's evolution and brand recognition, moving from 'Wal-Mart Stores, Inc.' to the simpler and more widely recognized 'Walmart Inc.' This strategic move is intended to align its legal identity more closely with its global brand presence and customer-facing operations. Investors should note that subsequent to this legal name change, the company will also update its bylaws and compensatory plans to reflect the new name.
Key Highlights
- 1Walmart Inc. is officially changing its legal corporate name from Wal-Mart Stores, Inc. to Walmart Inc.
- 2The name change will be effective starting February 1, 2018.
- 3This amendment was filed with the Delaware Secretary of State on December 5, 2017.
- 4The company will also amend its bylaws and compensatory plans to align with the new legal name.
- 5This change aims to better reflect the company's brand and global operations.
- 6This filing is an 8-K Current Report, indicating a material event.
- 7The filing includes the Certificate of Amendment to the Certificate of Incorporation and a Press Release as exhibits.