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 Video: What is a Stock Split?
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| Markets through its operating subsidiaries health care benefits and insurance products to small businesses families and individuals. The Company serves customers nationwide through partnerships with professional independent agents. According to our AMZ split history records, AMZ has had 1 split. | |
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AMZ (AMZ) has 1 split in our AMZ split history database. The split for AMZ took place on October 01, 1992. This was a 3 for 2
split, meaning for each 2
shares of AMZ owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as AMZ splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the AMZ split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AMZ shares, starting with a $10,000 purchase of AMZ, presented on a split-history-adjusted basis factoring in the complete AMZ split history.
AMZ -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 10/01/1992 | 3 for 2
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