Apple Splitting Shares

It s also an important manufacturing center for the iphone maker.

Apple splitting shares. A stock split typically. China is apple s biggest market outside the us. The split brought shares of apple to about 92 a share. In 2005 the stock split when it was valued at 90.

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. Apple s aapl 0 08 planned 4 for 1 stock split announcement last week would normally be an extremely bullish signal for the u s. With apple s shares trading around 400 in the after hours the new price for holders will be around 100 when it begins trading on a split adjusted basis on august 31.

Shareholders at the close of trading on aug. When trading stopped shares were priced at 645 57. One share owned before apple s first split in 1987 would turn into 224 shares next month once. Then it split its stock on a 7 for 1 basis in 2014.

When you combine that upcoming split with apple s 7 for 1 split in 2014 you ve got splits totaling 28 to 1 that produce a two digit share price rather than a stock selling at around 2 700. Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014. July 31 2020 at 6 33 a m. Read more details about apple s earnings report.

Apple s upcoming stock split will be its fifth since going public. Earnings results apple beats on earnings and announces stock split sending shares toward record high published. Two decades ago apple split at a price of 111. At the time apple was trading above 600 per share.

The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. There are at least three factors that make another stock split likely in the near future. One of apple s biggest risks is off.