Home News Amazon 20/1 Stock Split Announced

Amazon 20/1 Stock Split Announced

Palo Alto, CA, USA - Feb 18, 2020: The Amazon logo seen at Amazon campus in Palo Alto, California. The Palo Alto location hosts A9 Search, Amazon Web Services, and Amazon Game Studios teams.

Amazon on Wednesday said its board of directors has approved a 20-for-1 stock split. It’s the first split since 1999 and the fourth since Amazon’s IPO in 1997. “This split would give our employees more flexibility in how they manage their equity in Amazon and make the share price more accessible for people looking to invest in the company,” an Amazon spokesperson said in a statement.