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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 243.08-2.9%Nov 6 3:59 PM EST
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To: Glenn Petersen who wrote (164398)3/9/2022 6:51:21 PM
From: Sr K   of 164684
 
They replaced the previous 2016 authorization, under which they had bought $2b, described here, on page 3:

On March 9, 2022, the Board of Directors also authorized the Company to repurchase up to $10 billion of the Company’s common stock. The program allows the Company to repurchase its shares opportunistically from time to time when it believes that doing so would enhance long-term shareholder value. The repurchase authorization does not have a fixed expiration. Purchases may be effected through one or more open market transactions, privately negotiated transactions, transactions structured through investment banking institutions, or a combination of the foregoing. This stock repurchase authorization replaces the previous $5 billion stock repurchase authorization, approved by the Board of Directors in 2016, under which the Company had repurchased $2.12 billion of its shares.

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