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Amazon announces 20-for-1 stock split, $10 billion buyback

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Andy Jassy was the chief executive of Amazon.Com Inc. at the GeekWire Summit, Seattle, Washington on Tuesday, October 5, 2021.

Bloomberg | Bloomberg | Getty Images

AmazonOn Wednesday announcedThe Board of Directors approved the 20-for-1 stock split.

Amazon stock rose 10% during extended trading

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