First Walmart store
Sam Walton opened the first Walmart store. This operating milestone is not a priced venture round.
Retail · WMT
Walmart
Walmart’s path was a family-founded retail business followed by its 1970 public offering. Its history does not follow a modern Series A–F venture financing ladder.
01 / YOUR SCENARIO
Choose your starting point.
Starting price: $16.50 · IPO · 1970-10-01
6144 WMT share equivalents per starting share at your ending date.
Uses documented share adjustments through 2024-02-26. Assumes the share basis remains comparable after that date; other distributions are excluded.
IPO OFFER PRICE → YOUR PRICE
WalmartWMT · IPO offer price · $16.50
What would those shares be worth?
Your starting price is ready. Add an ending share price, then select Calculate.
Original IPO price with 2^11 × 3 = 6,144 current-basis shares per original share. Use a price on or after February 26, 2024; earlier split boundaries are not modeled.
Formula: amount ÷ $16.50 × 6144 × WMT ending price.
Walmart stock-split history ↗Walmart 2024 stock-split FAQ ↗Illustrative paper value; no sale or access to a historical investment is assumed. Excludes fees, taxes, cash dividends, warrants and other distributions; fractional shares assumed. An entered ending price is unverified.
THE STORY & THE EVIDENCE
Walmart: before the public market.
Walmart’s path was a family-founded retail business followed by its 1970 public offering. Its history does not follow a modern Series A–F venture financing ladder.
IPO4 sourced milestones1 documented share scenarios
- Formation
- Formation
Corporate incorporation
The business incorporated before its 1970 public offering.
- IPO
Walmart public offering
$16.50
300,000 shares were offered at $16.50.
- Share basis
Twelve public splits
Eleven two-for-one splits followed by a three-for-one split produce 6,144 shares per IPO share.
What the records do not establish
- No modern Series A–F sequence or externally purchasable founder price is inferred from the company history.
- The stored cumulative split factor supports post-February 2024 prices. Cash dividends and other distributions are excluded.
Research reviewed 2026-09-24. Selected public records, not a complete private cap table. An undisclosed price is left unknown.
Open this company’s sourced data (JSON) ↗
Source documents & filing locations
Walmart corporate history ↗
1962 first store; 1969 incorporation; 1970 public offering.
Walmart stock-split history ↗
1970 IPO at $16.50; eleven two-for-one splits and 2024 three-for-one split.
Walmart 2024 stock-split FAQ ↗
Split-adjusted trading February 26, 2024.