Did Amazon announce a stock split?

The move comes about eight years after Alphabet last split its stock. Amazon followed suit on, announcing on March 9 that its board has approved a 20-for-1 stock split, its first since the dot-com boom in 1999 and its fourth since it went public in 1997.

Is Amazon splitting their stock?

But instead, because of the company's stock-split plans. Amazon announced it will launch a 20-for-1 split in June. This will bring down the value of each individual share from more than $2,700 to about $140. You may be thinking of buying the stock after this news.

When will Amazon's stock split?

Amazon stock is going to split in June 2022. Its reasons for splitting its stock are no different to those of other companies. The group’s stock has grown by more than 270% over the past five years, along with other tech stocks in a bull run as the company added robust growth from late 2016.

Is Amazon stock splitting soon?

When do Amazon shares split? In an SEC filing, Amazon says the split will take place “on or about June 3, 2022” for shareholders of record by May 27, 2022. (That means if you owned shares on the...