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- E-commerce GIANT AMAZON is ready to trade its shares with a 20-for-1 stock split. It is the company's first split in last two decades. The shares are traded at a split-adjusted price on June 6.
- Amazon had announced that every shareholder of the company would get 19 more shares for each share they held. this is the biggest stock split in Amazon's & global market history.
- All the investors who had Amazon shares before May 27 will be eligible to get the benefit provided by the stock split, considering May 27 ex date.
- stock split can encourage new investors to put their money into Amazon and own its stock as the company's shares have become affordable.
- Amazon went public in 1997 when the IPO price was $18.00
- By giving 1,80,000% Returns in 25 years of listing Amazon is Creating wealth for investors.
Current price of Amazon after split = $ 125.00
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