Amazon stock split

2022 - 3 - 9

Post cover — Image courtesy of "The Wall Street Journal"

Amazon Board Approves 20-for-1 Stock Split, $10 Billion Share ... (The Wall Street Journal)

The tech giant says said the split will make the share price more accessible for potential investors and will allow employees more flexibility in managing ...

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Amazon Shares Rise After Company Announces 20-For-1 Stock ... (Deadline)

Amazon stock rose 7% after the company announced a 20-for-1 stock split and a plan to buy back up to $10 billion of its own shares.

In the filing, the company said additional details will be laid out in the company’s proxy statement ahead of the meeting. In some cases, a fixation on buybacks at the expense of potential M&A transactions or other uses of capital can end up backfiring on companies. They have risen more than tenfold over the past decade, making Amazon one of the world’s most valuable companies, with a market capitalization north of $1.4 trillion.

Amazon to split stock for the first time since the dot-com boom, after ... (MarketWatch)

Shares jump 7% in after-hours trading after company announces plan to split stock 20-to-1, spend $10 billion on share repurchases ...

Prices could rise before the split, however; Amazon shares gained 5.6% between the announcement of its first stock split on April 27, 1998, and the actual split, which occurred on June 2 of that year, according to Dow Jones Market Data group. S&P Dow Jones Indices does not rebalance the Dow regularly; the last shake-up was in August 2020, after the latest Apple stock split. The stock split could make Amazon more palatable as a possible addition to the blue-chip Dow Jones Industrial Average DJIA, -0.42%, which avoids companies with high per-share prices. The most expensive shares belonged to UnitedHealth Group Inc. UNH,, which were trading for more than $485. The company plans to execute the split on or about June 3 for shareholders of record as of May 27. Shares have gained 4,579.2% since Amazon last split its stock in 1999, according to Dow Jones Market Data, pushing per-share prices to nearly $2,800.

Amazon Declares 20-for-1 Stock Split and $10 Billion Buyback Plan (unknown)

Amazon shares are up more than 6% on the news in after-hours trading.

And, in fact, Amazon shares (ticker: AMZN) are up nearly 7% on the news, at $2,978. While stock splits don’t mathematically create any value for holders—they’re the financial equivalent of cutting a pie into smaller pieces—retail investors tend to like them, and split announcements often trigger short-term rallies. This copy is for your personal, non-commercial use only.

Amazon announces 20-for-1 stock split, $10 billion buyback (unknown)

Amazon on Wednesday said its board of directors has approved a 20-for-1 stock split.

Amazon just reported its slowest rate of growth for any quarter since 2001 and, according to a recent Wall Street Journal report, billionaire activist investor Dan Loeb, who's been adding to his Amazon holdings, told investors on a private call that he sees about $1 trillion in untapped value at the company. Amazon is the latest highly valued tech company to pull down the price of each share through a split. Were the split to happen as of Wednesday's close, the cost of each share would go from $2,785.58 to $139.28, and each existing holder would get 19 additional shares for every one they own.

Amazon board approves 20-for-1 stock split, the first since before the dot-com bust (unknown)

Amazon's board has approved the company's first stock split in more than two decades. Subject to shareholder approval, the 20-for-1 split would revalue ...

Trading is expected to begin on a split-adjusted basis on June 6, 2022.” The new authorization replaces a prior $5 billion buyback plan, approved in 2016. Amazon offers restricted stock units as part of its standard pay package for corporate and tech employees.