Recommended
Recommended
English
What does Amazon's 20-for-1 stock split mean?
Today, investors learned this big news via a filing with the U.S. Securities and Exchange Commission (SEC). In it, Amazon shared that its board of directors approved a 20-for-1 stock split. What does this actually mean for AMZN stock? Essentially, after the stock split, any investor who held one share of AMZN would then have 20 shares.What does a 20-1 stock split mean?
A 20-1 stock split means that each share of Amazon today will turn into 20 shares, 1 existing one and 19 additional ones, following the stock split. Someone holding 10 shares today would own 200 shares in Amazon following the stock split. Amazon also announced a $10 billion share repurchase program during the same news announcement.What would happen if AMZN shares were split?
Essentially, after the stock split, any investor who held one share of AMZN would then have 20 shares. Using today’s closing price, that would also mean that one share would go from $2,785.58 to $139.28. Stock splits are not entirely uncommon. In fact, Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) announced one of its own in February 2022.When did Amazon split its stock?
This is Amazon’s fourth stock split since its IPO in 1997, and its first since 1999, when the company was a fraction of its current size. It also split on a 2-for-1 basis on June 2, 1998; a 3-for-1 basis on Jan. 5, 1999; and a 2-for-1 basis on Sept. 2, 1999. Amazon shares are up more than 4,300% since the last split was announced.- Terms & Agreement
- Customer Service
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2024 BTCC.com. All rights reserved