Aapl Stock Split Date 2020

Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014. It means if you have 1 share of apple priced at around 400 you re now going to have 4 shares of aapl each worth around 100. Each apple shareholder of record at the close of business on august 24 2020 will receive three additional shares for every share held on the record date and trading will begin on a split.

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The stock was up 6 2 premarket friday.

Aapl stock split date 2020. The key to. Apple shares aapl 0 08 gained 5 8 in after hours trading pushing shares higher than 400 a level the stock has never eclipsed in regular trading. That s the day the split takes place. The apple stock split.

The split date is aug. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. Understanding apple s 4 for 1 stock split. Apple delivered impressive results on july 30 as it announced in its third quarter earnings and its board of directors has approved a four for one stock split.

Apple s upcoming stock split will be its fifth since going public. Tech giant apple nasdaq aapl has broken all the rules of stock market investing. One share owned before apple s first split in 1987 would turn into 224 shares next month once. This had it reporting diluted earnings per share of 2 58 on revenue of 59 69 billion.

The ex date is aug. What does the apple stock split mean. Those who bought apple stock back in the 2000s certainly don t care too much whether they paid a split adjusted 3 per share or 4 per share for a stock worth well over 400 right now. The apple stock split was announced alongside the company s earnings for its fiscal third quarter of 2020.

That s the day when aapl shares will start trading at the new split adjusted price. Its huge returns in 2019 and so far in 2020 fly in the face of those who ve said that the iphone maker s best. Stock splits had almost become a thing of the past when apple nasdaq aapl came out with its surprise announcement to split its stock the move was the fourth time that apple had made such a move.