Apple Stock Split 2014
Whether it was on purpose or not the split changed apple stock s pre split all time high from a few dollars above 700 to about 100 after accounting.
Apple stock split 2014. Since going public in 1980 apple s stock has split four times since the company went public. Investors had roughly six weeks to consider whether they wanted to buy apple shares prior to the split or wait until after it became. Apple s stock price is about to drop from 650 and change to the low 90s following a stock split. This morning apple s stock underwent a 7 for 1 split awarding 6 additional shares to each shareholder of record at 5pm pdt on friday.
The company previously did splits in 1987 2000 and 2005. In june 2014 apple stock was split 7 to 1. Then the seven for one stock split took effect lowering the price to approximately 94. The third occurred on february 28 2005 also a two for one split while a seven for one split took place on june 9 2014.
This is apple s first stock split since 2014. In 2014 apple announced plans to do a 7 for 1 stock split. This is the fifth stock split since apple went public in 1980. It split on a 2 for 1 basis in 1987 2000 and 2005.
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. The last time apple split its stock was on june 9 2014. Will average investors be more inclined to take a bite out of apple. 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.
Monday june 9 2014 5 00 am pdt by jordan golson. This suggests that before announcing a stock split apple stock sees. When trading stopped shares were priced at 645 57. 9 32 am et.
The last split was in 2014.