Amazon announced its first stock split in 1997, and since then, the company has undergone three more stock splits. The most recent stock split happened in August 2020, which was a 3-1 split.
A stock split is a corporate action where a company increases the number of shares outstanding by issuing more shares to existing shareholders. This means that for every share an investor owns, they will receive additional shares, effectively reducing the price of each share. The purpose of a stock split is to make stocks more affordable and accessible to a wider range of investors.
The exact date of the next Amazon stock split is not currently known. However, Amazon has a history of stock splits every few years, so it is possible that the company may announce another split in the future. It’s also worth noting that stock splits are ultimately determined by the company’s board of directors and can be influenced by various factors such as market conditions and the company’s financial performance.
Amazon stock split in September 2022
The Amazon stock split in September 2022, with a ratio of 3-1. This meant that for every one share of Amazon stock a shareholder owned, they would receive three additional shares. The stock split was intended to make Amazon’s shares more accessible to a wider range of investors, as the stock price per share became more affordable. The split also helped to boost the liquidity of Amazon’s shares, making it easier for investors to buy and sell the stock. Despite the stock split, Amazon’s market capitalization remained the same, as the total number of shares increased while the value of each individual share decreased.