AMZN » Topics » ITEM 8.01. OTHER EVENTS

This excerpt taken from the AMZN 8-K filed Aug 28, 2006.

ITEM 8.01.  OTHER EVENTS

On August 28, 2006, Amazon.com, Inc. (the “Company”) announced that its Board of Directors authorized the Company to repurchase up to $500 million of the Company’s common stock within the next 24 months, through one or more open market transactions, privately negotiated transactions, transactions structured through investment banking institutions or a combination of the foregoing. A copy of the press release announcing the Board of Directors’ authorization of the stock repurchase is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

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