In: Accounting
Amazon Stock (Describe the stock, Preferred,common,different classes,# of shares authorized,issued and outstanding) Describe the Long Term Debt and/ or Bonds. Is there a standard and Poor's or Mood's Rating? (AAA,AA,etc) (Usually found within the annual report)
For year ended 2016, the company has following classes of stocks authorized, issued& pending
Preferred Stock - The company has authorized preferred stock of 500 million at par value of $0.01 per stock. Out of total 500 million, NIL amount of stock was issued for 2016 and there is no outstanding stock.
Common Stock - Company has 5000 miliion of authorized share capital at par value of $0.01 per stock. Out of total 5000 million, 500 million is issued stock at par value in 2016. Common shares outstanding plus shares underlying outstanding stock awards totaled 497 million, as of December 31, 2016.
Stock Repurchase - In February 2016, the Board of Directors authorized a program to repurchase up to $5.0 billion of our common stock, with no fixed expiration. This stock repurchase authorization replaced the previous $2.0 billion stock repurchase authorization, approved by the Board of Directors in 2010. There were no repurchases of common stock in 2016.
DEBT:
Following Long term debt are outstanding in the company:
1. 1.20% Notes due on November 29, 2017 of total amount of $1,000 million.
2. 2.60% Notes due on December 5, 2019 of total amount of $1,000 million.
3. 3.30% Notes due on December 5, 2021 of total amount of $1,000 million.
4. 2.50% Notes due on November 29, 2022 of total amount of 1,250 million.
5. 3.80% Notes due on December 5, 2024 of total amount of 1,250 million.
6. 4.80% Notes due on December 5, 2034 of total amount of 1,250 million.
7. 4.95% Notes due on December 5, 2044 of total amount of 1,500 million.
8. Credit Facilities of $495 million outstanding as at year end.
9. other long term debt of $93 million.