Dear Clients
Amazon.com (AMZN) announced that they will carry out 20-for-1 stock split which will be effective on 6 Jun 2022. This means each Amazon.com shareholder will receive nineteen additional shares for every share held. The price of the shares will be adjusted to one-twenty on 6 June 2022.
As ATFX offers Amazon.com shares CFD (#AMZN) price which is derived from Amazon.com shares on the US Exchange, the shares’ price will also undergo stock split.
|
Symbol |
Product |
Corporate Action |
Effective Date |
|
#AMZN |
Amazon.com CFD |
20-for-1 stock split |
6 June 2022 |
The example below describes how #AMZN 4-for-1 stock split affects current holding position
|
Stock Split |
Date |
Type |
Volume (Lot) |
Open price |
|
Before Split |
Before 6 June 2022 |
Buy |
100 |
2480.00 |
|
After Split |
After 6 June 2022 |
Buy |
2000 |
124.00 |
|
Stock Split |
Date |
Type |
Volume (Lot) |
Open price |
|
Before Split |
Before 6 June 2022 |
Sell |
100 |
2480.00 |
|
After Split |
After 6 June 2022 |
Sell |
2000 |
124.00 |
Note:
1. All pending orders Take Profit/Stop loss/Buy Limit/Sell Limit/Buy Stop/Sell Stop will be DELETED after market closed on 3 June 2022.
2. In order to ensure the price stability after the stock split and avoid affecting clients’ transactions. #AMZN will be delayed 5 minutes after market opening on 6 June 2022. That means the trading hours start from 16:38 MT4 system time!!
Please feel free to contact us via email:[email protected] or call:400-120-4881 if you have any questions.
Sincerely,
ATFX
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