Amazon Stock Split History: 4 AMZN Splits
Complete history of all 4 Amazon stock splits from 1998 to 2022. Learn split ratios, dates, prices, and how 1 IPO share became 240 shares.
Amazon (NASDAQ: AMZN) has split its stock four times: on June 2, 1998; January 5, 1999; September 2, 1999; and June 6, 2022. All four were forward stock splits. A single share purchased at Amazon's initial public offering (IPO) on May 15, 1997 at $18.00 per share would have become 240 shares after all four splits combined.
Key Facts
- Total splits: 4 (all forward splits)
- Split date range: June 1998 to June 2022
- Largest split: 20-for-1 (June 6, 2022)
- IPO date and price: May 15, 1997 at $18.00 per share
- Split-adjusted IPO price: ~$0.075 per share ($18.00 ÷ 240)
- Compound share growth: 1 IPO share became 240 shares after all four splits
This guide covers the complete amazon stock split history with exact dates and ratios for each split, along with price context; the mechanics of how stock splits work; what each split meant for shareholders; how to read split-adjusted historical prices; how Amazon's splits compare to peers like Apple, Google, and Tesla; and a full FAQ addressing the most common questions about past and potential future splits. For live AMZN pricing and trading, visit Bybit TradFi.
Jump to a section:
- Complete Amazon Stock Split History Table
- What Is a Stock Split?
- All 4 Amazon Stock Splits Explained
- Why Do Companies Split Their Stock?
- [What Amazon's Stock Splits Mean for Shareholders](#what-amazons-stock-splits-mean-for-shareholders-investor-impact)
- [Understanding Amazon's Split-Adjusted Stock Price](#understanding-amazons-split-adjusted-stock-price-and-historical-returns)
- [How Amazon's Split History Compares to Apple, Tesla, and Google](#how-amazons-split-history-compares-to-apple-tesla-and-google)
- Frequently Asked Questions: Amazon Stock Split
- Key Takeaways
Complete Amazon Stock Split History Table
The table below lists all four AMZN stock splits since the company's 1997 IPO, including announcement dates, ex-split dates, split ratios, and approximate pre- and post-split prices.
| # | Announcement Date | Ex-Split Date | Split Ratio | Pre-Split Price (Approx.) | Post-Split Price (Approx.) | |---|---|---|---|---|---| | 1 | May 1998 | June 2, 1998 | 2-for-1 | ~$85–$90 | ~$42–$45 | | 2 | January 1999 | January 5, 1999 | 3-for-1 | ~$321 | ~$107 | | 3 | April 1999 | September 2, 1999 | 2-for-1 | ~$182 | ~$91 | | 4 | March 9, 2022 | June 6, 2022 | 20-for-1 | ~$2,447 | ~$122 |
Table notes:
- The ex-split date (also called the effective date) is the first trading day on which shares begin trading at the new, adjusted price.
- For the 2022 split, the record date was May 27, 2022. The record date is the date a company uses to determine which shareholders are eligible to receive new split shares.
- Pre-split and post-split prices are approximate non-adjusted closing prices near the effective date. Prices fluctuate throughout trading hours and across data sources. Verify historical price data through your brokerage platform or a financial data provider such as [Yahoo Finance AMZN historical data](https://finance.yahoo.com/quote/AMZN/history/) or the [Macrotrends Amazon stock split chart](https://www.macrotrends.net/stocks/charts/AMZN/amazon/stock-split-history).
Three patterns stand out in this data. First, Amazon split its stock three times in approximately 18 months between June 1998 and September 1999, a pace that reflects the dot-com era's speculative price appreciation rather than any recurring corporate policy. Second, 23 years elapsed between the third split and the fourth, a gap that reflects Amazon's transformation into a fundamentally different company with a much higher share price. Third, the 2022 split was by far the largest in magnitude, using a 20-for-1 ratio compared to the 2-for-1 and 3-for-1 ratios of the 1990s splits.
The pre-split prices tell the fuller story. Amazon's share price went from ~$18.00 at its 1997 IPO to ~$85–$90 before the first split, then surged to ~$321 before the second split just six months later. After the third split brought the price to ~$91 in late 1999, no further split was needed for over two decades as the company rebuilt from the dot-com bust and grew into one of the world's most valuable businesses. By the time the fourth split was announced in March 2022, shares were trading at approximately $2,447.
Amazon Stock Split History — Last 10 Years: For investors focused on the recent decade, the amazon stock split history last 10 years (2015–2025) contains exactly one event: the 20-for-1 split that took effect on June 6, 2022. All three of Amazon's earlier splits occurred in 1998–1999, meaning the entire modern era of Amazon's business — AWS, Prime, advertising, and international expansion — unfolded without a single split until 2022. The amazon stock split history last 10 years record therefore reflects a single, large-ratio event rather than the rapid succession of splits that defined the dot-com era. The 2022 split remains the only AMZN split event relevant to any investor who purchased shares after September 1999.
What Is a Stock Split? (And Why It Matters for Amazon Investors)
A stock split is a corporate action in which a company divides its existing shares into multiple new shares, increasing the total share count while reducing the per-share price proportionally. The simplest way to picture it: a 2-for-1 split is like breaking a $10 bill into two $5 bills. You have more pieces, but the same total value. All four of Amazon's splits are forward splits, meaning the share count increased and the price decreased.
The split ratio defines how many new shares each existing share produces. A 2-for-1 ratio means each share becomes 2 shares. A 20-for-1 ratio means each share becomes 20 shares. Amazon's 2022 split used a 20-for-1 ratio, meaning a shareholder who held 100 shares at approximately $2,447.00 each before June 6, 2022 held 2,000 shares at approximately $122.00 each after the split. The total value in both cases was approximately $244,700. (Note: a stock split differs from a stock dividend, which issues additional shares as a percentage of existing holdings rather than multiplying all shares at a fixed ratio. Amazon pays no stock dividend or cash dividend.) Amazon has never executed a reverse stock split, which consolidates shares to raise a low per-share price.
A stock split does not change the total value of your investment at the moment it occurs. Market capitalization (market cap) is the total value of a company's shares, calculated as: Market Cap = Share Price × Shares Outstanding, where shares outstanding refers to the total number of shares held by all investors. When a split occurs, the share price decreases proportionally and the shares outstanding increase proportionally, leaving the market cap unchanged. Before the 2022 split, Amazon's market cap was approximately $1.2–1.4 trillion. The 20-for-1 split did not reduce that value by a single dollar. Every shareholder's share count multiplied by 20, and so did every other shareholder's, meaning individual ownership percentages remained identical.
A lower post-split price does not mean the company became "cheaper" or "less valuable." The share price dropped because there were 20 times as many shares, not because the underlying business changed. Some brokerages now offer fractional shares, which allow investors to purchase a portion of a single share in high-priced stocks. This innovation partially reduces the accessibility argument for splits, but many investors still prefer whole-share ownership, which was a factor in Amazon's 2022 decision.
All 4 Amazon Stock Splits Explained: A Complete History
Amazon went public at $18.00 per share on May 15, 1997. Over the following 25 years, the company executed four stock splits, each reflecting a distinct chapter in its growth from online bookstore to global technology company.
Amazon's First Stock Split: June 2, 1998 (2-for-1)
Amazon's first stock split took effect on June 2, 1998, using a 2-for-1 ratio. Shares that had traded at approximately $85–$90 before the split adjusted to approximately $42–$45 on the effective date.
Amazon was barely one year old as a public company at the time of this split. Jeff Bezos, the company's founder and CEO, was overseeing a business that had already expanded beyond its original focus on books into music and videos. The stock had risen approximately 5x from its $18.00 IPO price in roughly one year, driven largely by investor enthusiasm for internet commerce rather than by the company's profitability, which was still negative. The split kept the share price within a range accessible to retail investors as speculative demand pushed prices higher.
The context for this split, and the two that followed in rapid succession, was the dot-com boom. The period from roughly 1995 through 2000 was characterized by speculative mania around internet companies. Investors poured capital into e-commerce businesses at valuations that bore little relationship to current earnings, and Amazon's stock was among the most aggressive beneficiaries of that sentiment. A split in this environment served as both a practical accessibility measure and a signal of management confidence.
Amazon's Second Stock Split: January 5, 1999 (3-for-1)
Amazon's second stock split took effect on January 5, 1999, using a 3-for-1 ratio. Shares had surged to approximately $321 before the split, nearly four times the post-split price from just six months earlier.
The choice of a 3-for-1 ratio rather than another 2-for-1 reflects how rapidly prices had appreciated. In the six months between the first and second splits, the post-split price had climbed from ~$42–$45 to ~$321. Amazon was expanding aggressively into new product categories, and investor sentiment had reached peak dot-com euphoria. The 3-for-1 ratio brought the share price back to approximately $107, again placing it within reach of retail investors who preferred not to commit several hundred dollars to a single share.
This period marks the height of the tech bubble. Investor enthusiasm for e-commerce was at its most intense, and Amazon's price appreciation during 1998 and into early 1999 was among the most dramatic of any publicly traded company. The company was not yet consistently profitable, but that reality was largely ignored by a market focused on growth potential.
Amazon's Third Stock Split: September 2, 1999 (2-for-1)
Amazon's third stock split took effect on September 2, 1999, using a 2-for-1 ratio. The split was announced in April 1999 but did not take effect until September, an unusually long lead time that coincided with the approach of the dot-com bubble's peak.
Amazon announced this split in April 1999, just three months after the January split, reflecting how quickly the share price had again appreciated. The longer gap between announcement and effective date (five months rather than the shorter periods seen in 1998) meant that by the time the split took effect in September 1999, the bubble was approaching its maximum inflation. The pre-split price of ~$182 adjusted to ~$91.
The bubble burst in 2000 and 2001. Amazon's stock fell approximately 95% from its peak, declining from highs above $100 to single digits at the worst point. Unlike many of its dot-com era peers, the company survived, maintained operations, and eventually rebuilt. The period between Amazon's third split in September 1999 and its fourth split in June 2022 spans the entire arc of Amazon's maturation into one of the most valuable companies in the world.
Amazon's Fourth Stock Split: June 6, 2022 (20-for-1)
Amazon announced its fourth stock split on March 9, 2022, setting a 20-for-1 ratio. The split took effect on June 6, 2022 (record date: May 27, 2022), adjusting the share price from approximately $2,447 to approximately $122.
The 23-year gap between the third and fourth splits reflects Amazon's transformation from an online bookstore into a global technology and commerce company. Amazon Web Services (AWS), launched in 2006, became a primary driver of the company's profit margins and valuation growth. The combination of AWS, advertising, subscription services, and continued e-commerce expansion drove AMZN from approximately $91 (the post-third-split price in late 1999) to approximately $2,447 over the following 23 years. Andy Jassy, who became Amazon's CEO in July 2021 when Jeff Bezos stepped down, oversaw the 2022 split announcement.
At ~$2,447 per share, buying even one share of Amazon required a capital commitment that placed the stock out of reach for retail investors with smaller portfolios. The 20-for-1 split reduced the per-share price to approximately $122, widening the potential investor base substantially. Investors who want to buy AMZN at today's split-adjusted prices can do so via Bybit TradFi.
An additional motivation for the 2022 split relates to the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index, meaning stocks with higher per-share prices carry greater influence over the index's movements. At ~$2,447, including Amazon in the DJIA would have given it a disproportionate weighting that would distort the index's composition. Unlike the S&P 500, which is market-cap-weighted (meaning Amazon's split had no meaningful effect on its S&P 500 weighting), the DJIA's structure made Amazon's share price directly relevant to its eligibility. After the split reduced the price to ~$122, Amazon became a far more viable DJIA candidate. Amazon was added to the Dow Jones Industrial Average on February 26, 2024, replacing Walgreens Boots Alliance, confirming the index-eligibility connection.
Both Amazon and Alphabet/Google used an identical 20-for-1 split ratio in the same year (Amazon in June 2022, Google in July 2022), positioning the split as part of a broader pattern among mega-cap technology companies reducing share prices to retail-accessible levels rather than an isolated Amazon decision.
Why Do Companies Split Their Stock? Amazon's Motivations Explained
Amazon has split its stock to make shares more accessible to retail investors. When a per-share price rises to hundreds or thousands of dollars, smaller investors may be priced out of whole-share purchases. A split lowers the price without changing the company's total value. Modern brokerages offering fractional shares have partially reduced this accessibility barrier, but many investors still prefer owning whole shares, and institutional index eligibility requirements create separate motivations that fractional share trading does not address.
For the 2022 split specifically, the price-weighted structure of the Dow Jones Industrial Average created an institutional motivation beyond retail accessibility. As covered in the fourth split section above, a share price of ~$2,447 would have distorted the DJIA's composition. The 20-for-1 split to ~$122 resolved that structural obstacle, and Amazon's February 2024 DJIA inclusion confirmed the outcome.
Stock splits do not signal financial distress, and they do not signal that a company is overvalued. They create no new value for shareholders and carry no predictive power for future price performance. A split does not mean the company is in trouble. It does not mean you now hold a more or less valuable position (market cap is unchanged). And it does not make the stock a better or worse investment than it was before the action. Post-split price performance depends on the company's business fundamentals, competitive position, and broader market conditions.
What Amazon's Stock Splits Mean for Shareholders: Investor Impact
When Amazon's 20-for-1 split took effect on June 6, 2022, a shareholder holding 10 shares at approximately $2,447 each held 200 shares at approximately $122 each after the split. The total position value was approximately $24,470 in both cases. Amazon's market cap, the total value of all AMZN shares outstanding, remained unchanged by the split itself.
The compound effect across all four splits is the most striking single data point in Amazon's split history. The full multiplication across all four splits:
1 share × 2 × 3 × 2 × 20 = 240 shares
A shareholder who held 100 shares of AMZN through all four splits without buying or selling would hold 24,000 shares today (100 × 240). Each split multiplied the share count: the 2-for-1 doubled it, the 3-for-1 tripled it, the second 2-for-1 doubled it again, and the 20-for-1 multiplied it by 20. The sequential nature of this multiplication is why the compound total of 240 is so much larger than any individual split ratio suggests on its own.
Post-split price performance is a separate question from the mechanics of the split. Amazon's stock after the 1990s splits continued rising through the dot-com peak before falling approximately 95% from its high during the 2000–2001 bust. The 2022 split took effect during a period of broader technology sector decline, and AMZN traded lower through much of the following year before recovering. Neither outcome was caused by the split. Post-split performance follows from business fundamentals and market conditions, not from the corporate action itself.
Buying or selling AMZN shares relative to a split date does not represent an investment thesis. A split does not change the intrinsic value of the underlying business. A share bought one day before a split and a share bought one day after represent the same fractional ownership of the same company at a proportionally adjusted price. For split-adjusted historical price data useful in calculating your cost basis, see the section below on split-adjusted prices.
This content is for informational purposes only and does not constitute investment advice. Past stock split history does not predict future corporate actions or investment returns. Stock prices referenced are approximate historical figures and may vary by source. Consult a licensed financial advisor before making investment decisions.
Understanding Amazon's Split-Adjusted Stock Price and Historical Returns
A historical chart of Amazon's stock price without split adjustment would show three sudden price drops in 1998–1999 and one in 2022. These drops are not losses. They are the mechanical result of each stock split reducing the per-share price. Without adjustment, the chart is misleading and cannot be used to compare Amazon's price across different time periods accurately.
What Is a Split-Adjusted Stock Price?
A split-adjusted stock price is a historical price that has been recalculated to reflect all subsequent stock splits, so that every point in AMZN's price history is expressed using the same share count structure as today. The cumulative split factor for AMZN is 240, derived from multiplying all four split ratios:
2 × 3 × 2 × 20 = 240
To calculate the split-adjusted price for any historical AMZN price, divide that price by the portion of the 240x factor that applies to splits occurring after the date in question. For example, the pre-split price of approximately $321 in early January 1999 occurred before the second, third, and fourth splits. The remaining factor from those later splits is 3 × 2 × 20 = 120. The split-adjusted equivalent of ~$321 is approximately $2.68 ($321 ÷ 120).
Most financial charting tools display split-adjusted prices by default. Yahoo Finance AMZN historical data and the Macrotrends Amazon stock split chart both provide split-adjusted price histories for AMZN. Brokerage platforms typically calculate adjusted cost basis automatically, though investors should verify the methodology with their specific provider. Since Amazon pays no cash dividends, split-adjusted prices and total-return-adjusted prices are identical for AMZN. For investors in dividend-paying stocks, this distinction matters, but it does not apply here.
If You Had Bought Amazon at the IPO...
Amazon's IPO price was $18.00 per share on May 15, 1997. Adjusted for all four subsequent splits (cumulative factor: 2 × 3 × 2 × 20 = 240), the split-adjusted IPO price is approximately $0.075 per share:
$18.00 ÷ 240 = $0.075
One share purchased at the IPO would have grown into 240 shares through the four splits, with no additional purchases required. The share count progression at each split:
| Event | Shares Held (per 1 IPO share purchased) |
|---|---|
| IPO, May 15, 1997 | 1 |
| After Split 1, June 2, 1998 (2-for-1) | 2 |
| After Split 2, January 5, 1999 (3-for-1) | 6 |
| After Split 3, September 2, 1999 (2-for-1) | 12 |
| After Split 4, June 6, 2022 (20-for-1) | 240 |
For investors who bought shares during the dot-com era rather than at the IPO, the share count depends on the purchase date and how many of the four splits had already occurred. A buyer who purchased one share in late 1998 (after Split 1 but before Split 2) would have received the benefit of the remaining three splits, ending up with 120 shares (1 × 3 × 2 × 20 = 120). The exact calculation for your holdings depends on your purchase date and any transactions since. Your brokerage platform will show the adjusted cost basis reflecting all splits that occurred after your purchase date.
How Amazon's Split History Compares to Apple, Tesla, and Google
Three major technology companies split their stocks in 2022: Amazon used a 20-for-1 ratio in June, Alphabet/Google (GOOGL) used an identical 20-for-1 ratio in July, and Tesla (TSLA) used a 3-for-1 ratio in August. The 2022 pattern was not a coincidence. Each of these companies had seen its share price rise to a level that constrained retail investor accessibility, and each chose to address that constraint through a forward split in the same calendar year.
| Company | Ticker | Total Splits | Most Recent Split | Split-Adjusted IPO Price (Approx.) |
|---|---|---|---|---|
| Amazon | AMZN | 4 | June 6, 2022 (20-for-1) | ~$0.075 |
| Apple | AAPL | 5 | August 2020 (4-for-1) | ~$0.10 (est.) |
| Tesla | TSLA | 2 | August 2022 (3-for-1) | ~$1.27 (est.) |
| Alphabet/Google | GOOGL | 2 | July 2022 (20-for-1) | ~$0.84 (est.) |
Split-adjusted IPO prices are approximate estimates for comparison purposes only.
The Amazon-Google parallel in 2022 is the most specific confirmation that the Amazon split reflected an industry-wide strategy. Both companies used an identical 20-for-1 ratio within weeks of each other, both had share prices in the thousands of dollars that excluded retail investors from whole-share purchases, and both faced DJIA price-weighting considerations. Alphabet has had two stock splits in total: a 2-for-1 split in April 2014 (which created both the GOOGL and GOOG share classes) and the 20-for-1 split in July 2022.
Tesla (TSLA) has split twice: a 5-for-1 split in August 2020 and a 3-for-1 split in August 2022. Both occurred when Tesla's share price had risen to levels that raised accessibility concerns, a direct parallel to Amazon's situation. The back-to-back 2022 splits from Amazon and Tesla, along with Google's concurrent 20-for-1 action, reflect how broadly the mega-cap technology sector addressed share price accessibility in a single calendar year.
Apple (AAPL) has split its stock five times, making it the most frequent splitter among major technology companies by count. Apple's splits: 2-for-1 in June 1987, 2-for-1 in June 2000, 2-for-1 in February 2005, 7-for-1 in June 2014, and 4-for-1 in August 2020. The 4-for-1 Apple split in August 2020 and the 20-for-1 Amazon split in June 2022 share the same underlying motivation: reducing a high per-share price to improve retail investor accessibility. The difference in ratio reflects the difference in pre-split price magnitude. Apple's pre-split price in August 2020 was approximately $499 per share; Amazon's pre-split price in June 2022 was approximately $2,447, requiring a much larger ratio to achieve a comparable result.
Frequently Asked Questions: Amazon Stock Split
What is Amazon's stock split history?
The complete amazon stock split history covers four forward splits spanning 25 years: a 2-for-1 split on June 2, 1998; a 3-for-1 split on January 5, 1999; a 2-for-1 split on September 2, 1999; and a 20-for-1 split on June 6, 2022. The three 1990s splits occurred during the dot-com boom, when Amazon's price surged from its $18.00 IPO to several hundred dollars within 18 months. The fourth split came 23 years later, after Amazon had grown into one of the world's most valuable companies at a price of approximately $2,447 per share. The cumulative result of the full amazon stock split history: one IPO share became 240 shares (1 × 2 × 3 × 2 × 20 = 240). For current AMZN pricing, visit Bybit TradFi.
What is Amazon's stock split history in the last 10 years?
The amazon stock split history last 10 years (2015–2025) contains exactly one event: the 20-for-1 split that took effect on June 6, 2022. The three earlier splits all occurred in 1998–1999. For any investor who purchased AMZN shares after September 1999 and before June 2022, the amazon stock split history last 10 years is their entire personal split experience: a single 20-for-1 action that reduced the per-share price from approximately $2,447 to approximately $122. No split has been announced since the 2022 event, and the amazon stock split history last 10 years record stands at one split as of the publication date of this guide.
Is Amazon a good stock to buy?
Is Amazon a good stock to buy depends on your investment horizon, risk tolerance, and view of Amazon's core growth drivers — AWS cloud revenue, digital advertising, and Prime subscription — rather than on its split history. The 2022 split made individual AMZN shares more accessible at roughly $122 versus the pre-split ~$2,447, but a lower per-share price does not by itself answer the question is amazon a good stock to buy. Investors evaluating AMZN typically focus on AWS revenue growth rates, operating margin expansion, and competitive positioning in cloud infrastructure and e-commerce. Wall Street consensus on AMZN is broadly bullish as of 2025, though individual suitability depends on your personal financial situation. For current pricing to inform your own research, visit Bybit TradFi. This article does not constitute investment advice — consult a licensed financial advisor before making investment decisions.
How many times has Amazon split its stock?
Amazon (NASDAQ: AMZN) has split its stock 4 times: a 2-for-1 split on June 2, 1998; a 3-for-1 split on January 5, 1999; a 2-for-1 split on September 2, 1999; and a 20-for-1 split on June 6, 2022. All four were forward stock splits, meaning the share count increased and the per-share price decreased proportionally each time.
What was Amazon's most recent stock split?
Amazon's most recent stock split was a 20-for-1 split that took effect on June 6, 2022 (record date: May 27, 2022). Amazon announced the split on March 9, 2022. Before the split, AMZN shares traded at approximately $2,447. After the split, shares traded at approximately $122, reflecting the 20-fold increase in share count.
What was Amazon's stock price before the 2022 split?
Amazon's share price was approximately $2,447 per share immediately before the 20-for-1 split took effect on June 6, 2022. After the split, the price adjusted to approximately $122 per share (~$2,447 ÷ 20 = ~$122). All prices are approximate non-adjusted figures; the precise price varied depending on the trading day referenced.
What is Amazon's split-adjusted IPO price?
Amazon's IPO price was $18.00 per share on May 15, 1997. Adjusted for all four subsequent splits (cumulative factor: 240x), the split-adjusted IPO price is approximately $0.075 per share. The calculation: $18.00 ÷ 240 = $0.075. A single share purchased at the 1997 IPO would have become 240 shares after all four splits (1 × 2 × 3 × 2 × 20 = 240).
What does a 20-for-1 stock split mean?
A 20-for-1 stock split means that for every 1 share a shareholder held before the split, they received 20 shares after the split. The per-share price decreases to 1/20th of the pre-split price, with total investment value unchanged at the moment of the split. Amazon's 2022 split converted each share at approximately $2,447 into 20 shares at approximately $122, with no change in total holding value.
Does a stock split change the value of my Amazon investment?
No. A stock split does not change the total value of your investment at the moment the split occurs. You hold more shares at a proportionally lower price, leaving your total holding value identical. Amazon's market capitalization, calculated as share price multiplied by shares outstanding, remains unchanged by the split. A lower share price after a split does not mean the company became less valuable.
Did Amazon's stock go up after the split?
Stock splits do not guarantee price appreciation. Amazon's post-split performance depended on broader market conditions, not the splits themselves. The 1990s splits occurred during the dot-com boom before the price declined approximately 95% from its peak in 2000–2001. The 2022 split took effect during a technology sector downturn. Post-split performance follows from business fundamentals, not the corporate action.
If I had bought Amazon stock at its 1997 IPO, how many shares would I have today?
One share purchased at Amazon's IPO on May 15, 1997 would have become 240 shares after all four stock splits: 1 share × 2 (Split 1) × 3 (Split 2) × 2 (Split 3) × 20 (Split 4) = 240 shares. The split-adjusted IPO price is approximately $0.075 per share ($18.00 ÷ 240 = $0.075). If you bought shares after the IPO, the total depends on your specific purchase date and which splits had already occurred.
Will Amazon split its stock again?
Amazon has not announced any plans for another stock split. As of 2024, no split has been confirmed, and no 2025 split has been announced. Historically, Amazon has split when its share price appreciated to levels that constrained retail investor accessibility. The 2022 split reduced the price from approximately $2,447 to approximately $122. Any future split would require substantial further price appreciation and a board decision to pursue the action.
When is the next Amazon stock split?
There is no confirmed date for a next Amazon stock split. Amazon has not announced one. No Amazon stock split is scheduled for 2024 or 2025. The 2022 split reduced the share price to approximately $122, a level that does not present the same accessibility constraints that historically triggered Amazon's splits. If Amazon's share price were to rise substantially over future years, the conditions for a split could recur, but no such announcement has been made.
Amazon Stock Split History: Key Takeaways
- The complete amazon stock split history covers four forward splits: June 2, 1998 (2-for-1); January
5, 1999 (3-for-1); September 2, 1999 (2-for-1); and June 6, 2022 (20-for-1).
- The amazon stock split history last 10 years (2015–2025) contains a single event: the 20-for-1 split of June 6, 2022. All three earlier splits occurred in 1998–1999.
- The compound effect of all four splits means one share purchased at Amazon's May 15, 1997 IPO became 240 shares: 1 × 2 × 3 × 2 × 20 = 240.
- The 2022 split was the largest by ratio (20-for-1) and came 23 years after the third split. It was driven by retail investor accessibility, price-weighted DJIA index eligibility, and alignment with a broader 2022 tech-sector split trend that included Google's identical 20-for-1 split.
- The split-adjusted IPO price is approximately $0.075 per share ($18.00 ÷ 240 = $0.075).
- Stock splits do not change total investment value at the moment they occur. Market capitalization is unchanged; shareholders receive more shares at a proportionally lower price.
- Amazon's three 1990s splits were driven by dot-com era speculative price appreciation. The 2022 split was driven by genuine long-term business growth and institutional factors.
- Amazon has not announced any future stock split. Past split patterns do not predict future corporate actions.
- Is Amazon a good stock to buy? The split history alone does not answer this question. Investors evaluating AMZN focus on AWS growth, operating margin trajectory, and competitive positioning in cloud and e-commerce. For current share pricing to support your own research, visit [Bybit TradFi](https://www.bybit.com/trade/tradfi/AMAZON).
This content is for informational purposes only and does not constitute investment advice. Past stock split history does not predict future corporate actions or investment returns. Stock prices referenced are approximate historical figures and may vary by source. Consult a licensed financial advisor before making investment decisions.