Amazon Stock: Historical Prices and Splits
Historical Daily Share Price Chart
Yahoo Finance provides a historical daily share price chart for Amazon (AMZN) dating back to 1997. This chart is adjusted for splits and dividends, making it a valuable tool for tracking the company's stock performance over time.
Stock Split History
Amazon has undergone a total of four stock splits since 1997. The most recent split occurred on June 6, 2022. Below is a table summarizing Amazon's stock split history:
| Date | Split Ratio |
|---|---|
| June 1, 1998 | 2-for-1 |
| January 5, 1999 | 3-for-1 |
| September 2, 1999 | 3-for-2 |
| June 6, 2022 | 20-for-1 |
Note that stock splits do not affect the underlying value of a company's shares. Instead, they simply increase the number of shares outstanding.
Impact of Stock Splits on Share Price
Before the first stock split in 1998, Amazon's share price was $85.68 on June 1. After the split, the share price dropped to $42.84, which is exactly half of the pre-split price. This is because the number of shares outstanding doubled as a result of the split.
The subsequent stock splits had similar effects on Amazon's share price. Each split resulted in a proportional decrease in the share price, while the total market capitalization of the company remained unchanged.
Conclusion
Amazon's stock split history is an important factor to consider when evaluating the company's historical performance. By understanding the impact of stock splits on share price, investors can make more informed decisions about their investment strategy.
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