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Benzinga
Benzinga
Business
Chris Katje

Amazon Announces 20-For-1 Stock Split, Share Buyback: Here Are The Details

Amazon Amazon.com Inc Amazon.com Inc.

Amazon.com Inc (NASDAQ:AMZN) made two big announcements after market close Wednesday.

What Happened: Amazon's Board of Directors authorized a 20-for-one stock split on common shares. The record date for the stock split will be the close of business on May 27, 2022. Shares are expected to trade with the adjusted price on June 6 after the market close.

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