Apple Split

Apple s stock has split four times since the company went public. The stock split on a 7 for 1 basis on june 9 2014 and split on a 2 for 1 basis on february 28 2005 june 21 2000 and june 16 1987. Apple said in the release it approved the split to make the stock.

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On august 31 trading will begin.

Apple split. 24 will receive three additional. Apple s last split was announced on april 23 2014. One share owned before apple s first split in 1987 would turn into 224 shares next month once. This would make the fifth time the iphone maker split its stock and the first time.

Since apple stock currently trades above 380 it means. Apple inc s planned stock split will diminish its influence on the dow jones industrial average after the iphone maker s 100 surge since march lows nearly dragged the price weighted measure. If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. Apple announced in its third quarter earnings call on july 30 that it had approved a four for one stock split.

Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014. Apple is currently the highest priced stock in the index which may have influenced the company s decision to split its shares. Shareholders at the close of trading on aug. That split was a 7 for 1 split and a big buyback program was announced at the same time.

Apple on thursday announced in its fiscal third quarter earnings that the board of directors has approved a four for one stock split. On july 30 we also announced a four for one split of apple common stock and trading will begin on a split adjusted basis on august 31 2020. What apple s 4 for 1 stock split means. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year.