Amazon announces 20-for-1 stock split, $13.6 billion share buyback

March 10, 2022 7:29 AM

BENGALURU (REUTERS) – Amazon.com said on Wednesday (March 9) its board approved a 20-for-1 split of the e-commerce giant’s common stock and authorised a US$10 billion (S$13.6 billion) buyback plan, sending the company’s shares up 7 per cent in extended trading.

Source : https://www.straitstimes.com/business/companies-markets/amazon-announces-20-for-1-stock-split-136-billion-share-buyback