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Amazon.com (AMZN) Stock Split Announcement

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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