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$Amazon.com(AMZN)$On March 9, Amazon announced that its board of directors had approved the online retailerโs plan for a 20-for-1 stock split, which will affect stockholders who own shares of the online retailer at the close of business on June 3. It will be the first time the stock has split since 1999, and it has split a total of four times since the stock had its IPO in 1997.