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Asda staff split £62m from Walmart shares

Nearly 25,000 Asda employees have shared £62 million after the company’s American parent handed out the biggest payout in two decades on the back of the price of its soaring share price.

Walmart, based in Bentonville, Arkansas, has owned the Leeds-based supermarket chain since 1999. Asda, which has 14.9 per cent of the UK grocery market, has 145,000 staff in 633 stores.

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