Amazon said on Wednesday that the company’s board has authorized a $10 billion share buyback plan and a 20-for-1 stock split. The buyback program is notable. Amazon had last authorized a buyback of its own stock in 2016 to the tune of $5 billion, but it hadn’t used any of it until January of this year, securities filings show. The company has now used more than $2 billion of that 2016...
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