Amazon’s board of directors approve a 20-for-1 stock split and Amazon says it plans to buy back up to $10B in shares; stock rises 6% after hours (Annie Palmer/CNBC)

Annie Palmer / CNBC:

Amazon’s board of directors approve a 20-for-1 stock split and Amazon says it plans to buy back up to $10B in shares; stock rises 6% after hours— – Amazon on Wednesday announced that the Board of Directors has approved a 20-for-1 stock split. — The company also said it plans to buy back up to $10 billion worth of shares.