Apple Split Date And Price
Date shown is the first date shares traded on a split adjusted basis.
Apple split date and price. Shares to split four for one at the end of this month. Apple nyse aapl has announced a 4 for 1 stock split as part of its third quarter results. It also split on a 7 for 1 basis on june 9 2014. When trading stopped shares were priced at 645 57.
The move will cut the price of apple stock to a quarter of what it was before. Let s assume that as of the record date august 24 2020 an investor owns 100 shares of apple common stock and that the market price of apple stock is 400 per share so that the investment in apple is worth 40 000. And on a 2 for 1. Prices shown are actual historical values and are not adjusted for either splits or dividends.
Apple said a stock split would allow it to appeal to a broader base. Then the seven for one stock split took effect lowering the price to approximately 94. The last time apple split its stock was on june 9 2014. What is apple s split adjusted ipo price.
When technology giant apple aapl reported its. A 2 for 1 basis on june 21 2000. Tesla now the world s most valuable automaker has seen its share price multiply eight times since this time last year from 224 to beyond 1 800 while apple s more than doubled to 458. Adjusted for splits however the.
Apple claims the split will make the stock more accessible to retail investors but it has the side effect of reducing its weighting in the dow jones. Split day has been good the week after not so much. Stock split history for apple since 1980. Apple on thursday announced its fifth stock split in its history as the iphone maker s stock price marched to the 400 level.
Please see the historical prices tab for adjusted price values. Apple s second stock split occurred on june 21 2000. Apple s initial public offering price was 22. A 4 for 1 split means that three additional shares of stock are issued for each share in existence on the record date of august 24 2020.
This is apple s fifth stock split since it went public.