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Benzinga
Benzinga
Business
Tanya Rawat

Bernie Sanders Rips Walmart Over $37.6 Billion Buybacks as Workers Rely on Medicaid, SNAP: 'The Real Welfare Queen Is the Walton Family'

Columbia,,South,Carolina,Usa,-,January,21,,2019:,Bernie,Sanders

Sen. Bernie Sanders (I-Vt.) criticized Walmart Inc (NASDAQ:WMT) on Thursday over its stock buybacks and employee wages, while taking aim at the wealth of the retailer’s founding Walton family.

In a post on X, Sanders said Walmart has spent $37.6 billion on stock buybacks since 2020, an amount he said would have been enough to give each of the company’s workers a $23,550 bonus.

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