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Amazon Board Approves 20-for-1 Stock Split and $10 Billion Share Repurchase

Key Takeaways

• Amazon's board has approved a 20-for-1 stock split.
• The company will also repurchase up to $10 billion worth of shares.
• The stock split and share repurchase are intended to boost shareholder value.

What It Means for Investors

Amazon's stock split and share repurchase will likely be welcomed by investors. The stock split will make it more affordable for investors to buy Amazon shares, while the share repurchase will reduce the number of shares outstanding, potentially increasing the value of each share.

The stock split is expected to take effect in May 2022, and the share repurchase is expected to be completed by the end of 2023.

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