Amazon board approves 20-for-1 stock split, the first one in more than two decades

BREAKING NEWS
Wednesday, Mar 9, 2022

Amazon’s board has approved the company’s first stock split in more than two decades. The 20-for-1 split will revalue Amazon’s individual shares, aiming to make them more affordable for individual investors, recognizing the long-term increase in the company’s share price. The change will take effect in June if shareholders approve the split at the company’s annual meeting in May.

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