Daiichi Life Insurance Invests Heavily in Walmart Stock
Daiichi Life Insurance Co. Ltd., a Japanese insurance company, has made a significant investment in Walmart Inc. (NASDAQ:WMT), purchasing 388,444 shares of the retailer's stock during the second quarter.
The purchase was valued at approximately $43,995,000 and comprises 1.0% of Daiichi Life Insurance Co. Ltd.'s holdings, making it its 20th largest holding.