Amazon stock
Amazon.com Inc. (AMZN) announced on July 11, 2026, that its Board of Directors has authorized a new $20 billion share repurchase program. This authorization replaces the previous $10 billion program from 2022 and underscores the company's robust free cash flow generation. The move signals a strategic shift toward enhanced shareholder capital returns as the company balances its significant capital expenditures in generative AI and satellite infrastructure with disciplined financial management.