Amazon announces 20-for-1 stock split, $10 billion share buyback

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Amazon.com (AMZN) Shares Surge 7% as Stock Split News Stirs Dow 30 Addition Talk

March 9, 2022 5:27 PM EST

Amazon.com, Inc. (NASDAQ: AMZN) shares were trading more than 7% higher after-hours following the companys announcement, according to which, its Board of Directors approved a 20-for-1 split of the companys common stock, which is subject to shareholder approval of the Amendment at the 2022 Annual Meeting... More