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      • (Reuters) - Amazon.com Inc said on Wednesday its board approved a 20-for-1 split of the e-commerce giant's common stock and authorized a $10 billion buyback plan, sending the company's shares up 7% in extended trading.
      finance.yahoo.com › news › amazon-board-approves-20/1/221818788
  1. Mar 9, 2022 · AMZN. GOOGL. (Reuters) - Amazon.com Inc said on Wednesday its board approved a 20-for-1 split of the e-commerce giant's common stock and authorized a $10 billion buyback plan, sending the...

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  3. Mar 9, 2022 · Amazon on Wednesday said its board of directors has approved a 20-for-1 stock split.

    • Amazon Announces 20-1 Stock Split
    • Why Is Amazon Splitting Its Shares?
    • Amazon’s Stock Split Could Help It Get Into The Dow

    Amazon approved a 20-1 stock split and a $10 billion stock buybackon March 9. The board said the split would “give our employees more flexibility in how they manage their equity in Amazon and make the share price more accessible for people looking to invest.” When a company splits its stock, that means it divides each existing share into multiple n...

    A stock split is one sign that a company is thriving—and there’s no question that Amazon runs a very healthy business. In its 2021 annual report, released in February, Amazon reported revenue of $470 billion, up nearly 22% year-over-year. Net profit was $33.4 billion, a gain of more than 56% over the prior year. While the business is undoubtedly th...

    There’s another reason Amazon may be choosing to split its stock: The possibility of being included as one of the 30 stocks that make up the Dow Jones Industrial Average (DJIA). Unlike other leading stock market indexes, the DJIA is a price-weighted index. That means the 30 component companies in the Dow are weighted in the index according to their...

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  4. May 28, 2022 · Amazon's (AMZN-2.37%) much-anticipated stock split will take place on June 3. Shareholders approved the 20-for-1 stock split at the company's annual meeting on May 25.

  5. Mar 11, 2022 · Accordingly, Amazon announced it will split its stock 20 for 1. Amazon's news was big enough that it's helped add nearly eight more percentage points to the stock price since the...

  6. Mar 10, 2022 · On Wednesday evening, Amazon announced that it would split its stock at a 20 to 1 ratio. The stock split will, according to Amazon's 8-K filing, occur in late May, following approval by...

  7. Mar 9, 2022 · Amazon has announced a 20-for-1 stock split and a share buyback of up to $10bn, in an effort to boost its stock price in the face of heavy operating costs and concerns over staff retention. The...

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