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How many shares outstanding does Amazon have

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Reference no: EM133110049

Question - Imagine that Amazon has 10,000,000 shares authorized and 20,000 shares issued/outstanding at the beginning of March. During March, Amazon has the following transactions:

March 10th: Did a 2:1 stock split

March 15th: Repurchased 6,000 shares of common stock (These shares are now in treasury stock)

Required - How many shares outstanding does Amazon have at the end of March after all the transactions?

Reference no: EM133110049

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