When will Amazon's stock split happen?

Amazon 's ( AMZN -1.71%) stock split is set to happen. The company's shareholders recently approved a 20-for-1 stock split, and Amazon shares will begin trading at the split-adjusted price on June 6. But one important date already has passed. I'm talking about the record date.

When is the AMZN stock split 2022?

They will have a chance to vote on it during an annual meeting on May 25, 2022. If all goes well, there will be a few other key dates to watch. The first will be May 27, 2022, which will serve as the record date. That means if you want to participate in the stock split, you must own AMZN stock by May 27.

When do Amazon shares start trading?

Shareholders who held Amazon stock through the end of trading on May 27 will see an extra 19 shares for every one share held appear in their accounts around June 3. Then, all Amazon shares will begin trading at the split adjusted price as of June 6. Today, Amazon shares are trading for a little more than $2,400.

What happened to Amazon?

What Happened: Amazon's Board of Directors authorized a 20-for-one stock split on common shares. The record date for the stock split will be the close of business on May 27, 2022. Shares are expected to trade with the adjusted price on June 6 after the market close. Amazon also announced a share buyback of up to $10 billion.