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confidence high
sentiment positive
materiality 0.80
Amazon announces 20-for-1 stock split and $10B share repurchase authorization
AMAZON COM INC
- Board approved 20-for-1 stock split, subject to shareholder approval at May 25, 2022 annual meeting.
- Record date May 27, 2022; split-adjusted trading expected to begin June 6, 2022.
- Board authorized $10B share repurchase program, replacing prior $5B authorization from 2016.
- Prior authorization had $2.12B repurchased; new program has no fixed expiration date.
- Purchases may be made through open market or privately negotiated transactions.