Amazon (AMZN) Shareholders APPROVE 20-to-1 Stock Split; So It Is ‘Go-Go-Go’, May 27, June 3 & June 6.

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by Anura Guruge
on May 25, 2022

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Click to ENLARGE & read here. Here is the link to the ‘GeekWire‘ original.
Click to ENLARGE. So, May 25 HURDLE is cleared. Split approved.

Well, at today’s Amazon Annual Meeting the shareholders FORMALLY voted in favor of the 20-to-1 stock split. That was expected. We had cast our vote — as ‘YES’ (by proxy) a few weeks ago.

So, the VOTE is out of the way.

Now it is GO-GO-GO & it is a very fast & compressed schedule.

AMZN stocks will split, after trading, on Friday, June 3, 2022. That is the GOLDEN DAY. You can continue to buy pre-split AMZN shares until 4pm (Eastern) that Friday. That is a given.

The split shares will appear in accounts as of Saturday, June 4, 2022. Same as option expirations. They expire on Friday & you see the expirations on the Saturday.

The split shares will start TRADING Monday, June 6, 2022 at 9:30am (Eastern).

So, that is it.

AMZN went up, a bit, today. Will most likely go up on Thursday & Friday too.

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