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The final time Amazon dished out a inventory break up was again in 1999, when two shares had been exchanged for each one share in buyers' palms to push its value all the way down to round $60.
I for one am very shocked given Bezos' opinion on splits. I’m wondering if the Alphabet break up had any affect.
Additionally introduced $10B buyback.
Edit: Including in hyperlink to CNBC article:
https://www.cnbc.com/2022/03/09/amazon-announces-20-for-1-stock-split-10-billion-buyback.html
Edit2: SEC 8-Okay submitting: https://www.sec.gov/ix?doc=/Archives/edgar/information/0001018724/000101872422000009/amzn-20220309.htm
submitted by /u/RunningJay
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