How Many Stock Splits Has Amazon Had

So, there I was, scrolling through my portfolio the other day, when I noticed something peculiar about my Amazon shares. I mean, I've had them for ages, but suddenly, they seemed to have multiplied like bunnies! I scratched my head, "Did I accidentally hit 'buy' a hundred times?" Nope, just Amazon being Amazon, pulling off another one of those stock split tricks.

You might be wondering, "What's a stock split, and why should I care?" Well, grab a coffee, 'cause we're about to dive into the fascinating world of Amazon's stock splits. Imagine you've got a big, delicious pizza - that's your stock. A stock split is like cutting that pizza into smaller slices. The value of each slice (or share) goes down, but the number of slices (or shares) goes up. It's like magic, but with less wand-waving and more math.

Amazon's Stock Split Journey

Now, let's talk about our friend Amazon. They've been around the stock market block a few times, and they've had a few of these pizza parties. In fact, they've had three stock splits since they went public in 1997. Let's take a little trip down memory lane, shall we?

2009: The First Split

Amazon's first stock split happened on June 2, 2009. Back then, their stock price was soaring, reaching an all-time high of $350. To make their shares more affordable for everyday investors, they decided to split their stock 2-for-1. That means for every share you owned, you got another one for free. The price per share dropped to around $70, and the number of shares outstanding doubled. Boom! Just like that, more people could join the Amazon party.

Amazon History Of Stock Splits at Ricky Middleton blog

2015: The Second Split

Fast forward to June 2, 2015. Amazon's stock price had climbed back up to around $360, thanks to their growing empire of online retail, cloud services, and streaming. So, they decided to split their stock again, this time 7-for-1. That's right, for every share you owned, you got six more. The price per share dropped to around $51, and the number of shares outstanding increased significantly. It was like they were handing out free samples at the stock market's Costco.

2020: The Biggest Split Yet

Then came 2020, the year that felt like a decade. In June, Amazon announced their biggest stock split yet, a 3-for-1. This time, for every share you owned, you got two more. The price per share dropped to around $3,200, and the number of shares outstanding tripled. It was like they were saying, "Hey, we're so big now, even our stock splits are supersized!"

Tesla, Amazon stock splits trigger retail stampede - Moneyweb

So, there you have it, folks. Amazon has had three stock splits in total, making their shares more accessible to investors along the way. But remember, a stock split doesn't change the company's value - it just changes the price of each share. It's like when they change the size of your favorite candy bar, but the price stays the same. You just get more for your money!

Now, you might be wondering, "Will Amazon have another stock split?" Who knows? Only time (and Jeff Bezos) will tell. But one thing's for sure, when it comes to stock splits, Amazon knows how to make a (stock) market.