Amazon stock split

2022 - 3 - 10

amazon stock

Post cover — Image courtesy of "Financial Times"

Amazon announces 20-for-1 stock split and $10bn share buyback (Financial Times)

Ecommerce giant follows similar moves by Alphabet, Apple and Tesla in effort to boost stock price.

Amazon (AMZN) Approves 20-for-1 Stock Split, $10B Buyback (Investopedia)

Amazon announced a 20-for-1 stock split and a $10 billion buyback. Here's what you need to know.

Amazon's plans to buy back $10 billion of its shares marks its biggest share repurchase plan since listing on the Nasdaq in 1997. Amazon said that the lower trading price would help its corporate employees who own stock in the company. Companies typically split their stock to lower its trading price, making it more accessible to a larger number of investors because of its cheaper price. A traditional stock split is also known as a forward stock split. Last year, iPhone maker Apple Inc. ( AAPL) announced a four-for-one split, while electric vehicle (EV) pioneer Tesla, Inc. ( TSLA) accelerated interest in its stock with a five-for-one split. The stock split takes effect at the close of business on June 3, with trading to begin on a split-adjusted basis on June 6.1

Amazon announces 20-for-1 stock split, $13.6 billion share buy-back (The Straits Times)

The e-commerce giant's announcement sent its shares up 7 per cent in extended trading. . Read more at straitstimes.com.

The stock buy-back replaces the previous US$5 billion stock repurchase authorised by Amazon's board in 2016, under which the company had repurchased US$2.12 billion of its shares. This is the first stock split by Amazon since 1999 and will give investors 19 additional shares for every share they hold. BENGALURU (REUTERS) - Amazon said on Wednesday (March 9) its board had approved a 20-for-1 split of the e-commerce giant's common stock and authorised a US$10 billion (S$13.6 billion) buy-back plan, sending the company's shares up 7 per cent in extended trading.

Amazon surges as stock split, buyback excite investors (CNA)

Shares of Amazon jumped over 5 per cent after the e-commerce giant's share split and buyback moves stand to draw more investors to a stock whose recent ...

The latest stock split will take effect on Jun 6. It comes on the heels of a similar split announced by Alphabet Inc earlier this year. Amazon shares were up 5.4 per cent to US$2,936.99 in early trading on Thursday. The company's stock closed at US$2,785.58 on Wednesday, near a two-year low after riding a pandemic-induced rally in tech and growth shares that brought it within striking distance of a US$2 trillion valuation mark.

Amazon Is The Latest Mega-Cap To Announce Historic Stock Split ... (Forbes)

Stock splits historically lead to better stock price performance, according to analysts at Bank of America who point out that since 1980, S&P 500 companies that ...

“While it doesn’t matter AT ALL for fundamentals, investors will like the stock split (at least in the near-term),” says Crisafulli, who points out that after Google’s recent split, many investors were hoping Amazon would announce a similar move. Stock splits are a great way to generate headlines and buzz around a stock, MacNeale points out. Which companies could announce stock splits next.