What Is Amazon
20 For 1 Split?
Amazon is preparing to trade its stock in a 20-for-1 stock split.
It is the company's first major financial move in over two decades.
On June 6, the stock will trade at a split adjusted price.
Amazon announced that each shareholder would receive 19 additional shares for each share held.
Notably, this is Amazon's largest stock split in its history.
The split-adjusted stock price of the company became effective after the close of trading on Friday, June 3.
As a result, Amazon's closing price on June 3 will be divided by 20 to account for the increased number of shares before June 6.
All investors who owned Amazon stock on or before May 27 will be eligible to benefit from the stock split.
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