ADVISORY FOR: Thursday, Oct 17 at 10:00am ET
CONTACT: Taylor Campbell, 202-854-9571, [email protected]

WALMART ASSOCIATE TO TESTIFY AT HFSC HEARING,
CALLING FOR END TO BUYBACKS

 

Washington, D.C. — Tomorrow, Janie Grice will appear before the House Financial Services Committee Subcommittee on Investor Protection, Entrepreneurship and Capital Markets to testify in a hearing called, “Examining Corporate Priorities: The Impact of Stock Buybacks on Workers, Communities, and Investors.” Janie will be testifying on behalf of 1.5 million Walmart associates about the need to curb rampant inequality by regulating excessive buybacks, limiting corporate profits to executives and shareholders, and having worker representation on corporate boards.

WHO: HFSC Subcommittee on Investor Protection, Entrepreneurship and Capital Markets, Walmart associate Janie Grice

WHAT: “Examining Corporate Priorities: The Impact of Stock Buybacks on Workers, Communities, and Investors”

WHEN: Thursday, October 17 at 10:00am ET

WHERE: 2128 Rayburn House Office Building

Walmart has returned $13.5 billion to shareholders through dividends and share repurchases over the last year. If you’re covering tomorrow’s event and would like to speak to Janie Grice in advance, please reach out to Taylor Campbell.