Apple Stock Split 2020 Date
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.
Apple stock split 2020 date. This was a 2 for 1 split meaning for each share of aapl owned pre split the shareholder now owned 2 shares. The last time apple shares split was in 2014 when apple enacted 7 to 1 split. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. The last time apple split its stock was on june 9 2014.
When trading stopped shares were priced at 645 57. Apple nasdaq aapl was the dow s best performer in 2019. If the stock of the iphone maker mimics its 2019 growth apple could be heading for a split in 2020 six years after the last one. Before the split apple s stock was trading at a price of 645 57 per share.
Reflects first date shares trade on a split adjusted basis. Investor relations dividend history. At the time apple was trading above 600 per share. Apple is also viewed favorably on wall street with more than 80 of analysts issuing a buy rating on the stock.
At the time the shares traded at 655 90. Apple aapl has 4 splits in our apple stock split history database. After the split the price was 645 57 7 92 70 per share. For example a 1000 share position pre split became a 2000 share position following the split.
The other three times apple split its shares are noted below. Then the seven for one stock split took effect lowering the price to approximately 94. The first split for aapl took place on june 16 1987. The stock surged over 86 to hit 293.
Apple s outstanding shares increased from 861 million shares to 6 billion shares while its market cap stayed around 556 billion. 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.