The company announced a 20-for-1 split of its common stock on March 19, 2022, which will come into effect on June 3, 2022, to be paid to shareholders of record on May 27, 2022. For stockholders of record on August 12, 1999, Amazon announced a 2-for-1 split of its common shares, effective September 1, 1999. The company announced on November 19, 1998 that it would be splitting its common shares three-for-one, with the split taking place on January 5, 1999, for stockholders of record on December 18, 1998. The company announced on April 27, 1998 that it would split its common shares into two for one, effective on June 2, 1998. This was for shareholders as of May 20, 1998.