Wal-Mart Stores said on Friday its board approved a new $15 billion stock repurchase program, the first in two years.
Following the report, company's stock ticked higher in trade on Friday. (Click here to track Wal-Mart's shares.)
As of June 6, Wal-Mart, the world's largest retailer, had about $712 million remaining under a $15 billion program announced in June 2011.
The repurchase plan was announced by Chief Financial Officer Charles Holley at Wal-Mart's annual meeting. The company did not announce a repurchase program at the 2012 meeting. At that time it still had $9.7 billion remaining under the 2011 plan.
Which toys are your kids likely to want this Christmas? Toy review site TTPM.com reveals its top picks for the 2014 holiday season.
After Coke Life is launched, PepsiCo unveils a new midcalorie cola, Pepsi True, which is sweetened with sugar and stevia.
Amazon appears close to settling a nearly two-month dispute with Disney during which Amazon stopped offering Disney DVDs for preorder, WSJ reported.
South Korean coffee chains are expanding rapidly into the U.S. market, but what does that mean for American coffee drinkers?
Get the best of CNBC in your inbox