Walmart shareholder proposal on abortion ban impact fails

Published by
Reuters

By Siddharth Cavale and Arriana McLymore BENTONVILLE, Ark. (Reuters) – A proposal made by an activist shareholder and opposed by Walmart Inc management asking the retailer to produce a report assessing the impact on its employees if the U.S. Supreme Court rolls back abortion rights was voted down on Wednesday at its annual general meeting. The proposal, made by Clean Yield Asset management on behalf of activist investor Julie Kalish, would have required Walmart’s board by the end of the year to detail “any known and any potential risks and costs to the company caused by enacted or proposed sta…

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