Amazon (AMZN) 20:1 Split

Amazon (AMZN) has undergone a 20 for 1 (20:1) stock split effective 6th June. This means that if you are currently holding Amazon shares you will now have 20 times more than your original quantity.

As a result of the split the price of each AMZN share has now been diluted by 1/20th to retain the value of your original holding.

The chart of AMZN has been updated to reflect the stock split’s effect on it’s price.
Investors that have recorded AMZN as a holding in the Portfolio Manager (PM) will now need to update the original trade details.

This is done via the Trade Records section in PM and will mean that the original quantity purchased will need to be increased by a factor of 20 (multiply by 20), and the original price reduced by a factor of 20 (divide by 20).

You may also like to add a comment to this effect via the “journal” panel of the trade record.
Once those changes have been made you can “save” the record.

The original trade value and brokerage paid should therefore remain the same.