Amazon stock split
Next up was e-commerce giant Amazon AMZN 440 which announced its intention to also conduct a 20-for-1 stock split. Shares were worth 2785 at the time of the announcement.
Will Amazon Stock Split No But Here S Why Amzn Amazon Stock Nasdaq Stock Analysis
Why Amazon stock split.
. 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. Pre-1998 investors would have 12 times the number of shares they originally purchased pre-split. If approved by shareholders Amazons split would take effect in early June.
AMZN stock split history dates back more than two decades with three splits in total. The stock split will effectively divide Amazons current shares into 20 smaller pieces of the company. AWS is a beast.
Using todays price of 2135 after the stock split Amazon would trade for about 107. The 20-1 stock split goes into effect on Monday June 6. All three of these splits occurred in just a 15-month period.
AMZN announced its first stock split since 1999. 2 days agoHeres why the cloud-computing juggernauts stock price is set to soar. 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.
When most people think of Amazon they understandably think of its massive e.
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