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Video: What is a Stock Split?
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Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. Co.'s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its Websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and it develops and produces media content. According to our AMZN split history records, Amazon.com has had 4 splits. | |
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Amazon.com (AMZN) has 4 splits in our AMZN split history database. The first split for AMZN took place on June 02, 1998. This was a 2 for 1
split, meaning for each share of AMZN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. AMZN's second split took place on January 05, 1999. This was a 3 for 1
split, meaning for each share of AMZN owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split. AMZN's third split took place on September 02, 1999. This was a 2 for 1
split, meaning for each share of AMZN owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. AMZN's 4th split took place on June 06, 2022. This was a 20 for 1 split, meaning for each share of AMZN owned pre-split, the shareholder now owned 20 shares. For example, a 12000 share position pre-split, became a 240000 share position following the split.
When a company such as Amazon.com 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 AMZN split history from start to finish, an original position size of 1000 shares would have turned into 240000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Amazon.com shares, starting with a $10,000 purchase of AMZN, presented on a split-history-adjusted basis factoring in the complete AMZN split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/05/2014 |
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End date: |
12/03/2024 |
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Start price/share: |
$15.63 |
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End price/share: |
$213.44 |
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Dividends collected/share: |
$0.00 |
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Total return: |
1,265.58% |
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Average Annual Total Return: |
29.87% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$136,583.86 |
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Years: |
10.00 |
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Date |
Ratio |
06/02/1998 | 2 for 1
| 01/05/1999 | 3 for 1
| 09/02/1999 | 2 for 1
| 06/06/2022 | 20 for 1 |
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