Amazon stock split
It also split on a 2-for-1 basis on June 2 1998. Securities and Exchange Commission SEC.
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This is Amazons fourth stock split since its IPO in 1997 and its first since 1999 when the company was a fraction of its current size.
. Amazon AMZN-252 is getting a lot of attention after announcing a 20-for-1 stock split on March 9. AMZN announced its first stock split since 1999. The 20-1 stock split goes into effect on Monday June 6.
ELON MUSK DIALS UP FEUD WITH BILL GATES. In it Amazon shared that its board of directors approved a 20-for-1 stock split. The stock split will effectively divide Amazons current shares into 20 smaller pieces of the company.
Using todays price of 2135 after the stock split Amazon would trade for about 107. Shares were worth 2785 at the time of the announcement. But instead because of the companys stock-split plans.
Amazon has revealed a 20-for-1 stock split in filings to the US Securities and Exchange Commission SECThe event will massively reduce the post-split price of a single Amazon share although the overall value of a holding should remain unchanged. This will bring down the value of each individual share from more than 2700 to. 1 day agoAmazon shares will begin trading around the 122 level on Monday following the retail giants 20-for-1 stock split approved by shareholders last month.
Amazon announced it will launch a 20-for-1 split in June. Shareholders must approve the move on a vote on May 25 before it can go into effect. Today investors learned this big news via a filing with the US.
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