Apple Stock Split 2020 Reddit

Brushed off the covid 19 crisis to report record results thursday and the company said it plans to split its stock in an attempt to make it more accessible to a broader base of.

Apple stock split 2020 reddit. Apple has split its. What apple s 4 for 1 stock split means. Are these maneuvers good or bad for investors. A 2 for 1 basis on february 28 2005.

It means if you have 1 share of apple priced at around 400 you re now going to have 4 shares of aapl each worth around 100. 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. What does the apple stock split mean. Aapl broke the ranks this summer by announcing a four for one stock split this was the first stock split since apple s seven for one stock split back in 2014 which also.

This is apple s fifth stock split since it went public. 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 just announced a stock split here s what that means for investors published thu jul 30 2020 5 12 pm edt updated thu jul 30 2020 5 43 pm edt pippa stevens pippastevens13. Apple delivered impressive results on july 30 as it announced in its third quarter earnings and its board of directors has approved a four for one stock split.

And on a 2 for 1. The apple stock split. Apple s stock has split four times since the company went public. It also split on a 7 for 1 basis on june 9 2014.

A 2 for 1 basis on june 21 2000. 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. Also of note apple announced a 4 for 1 stock split for the end of august. Apple inc s planned stock split in the wake of the surge in its shares and strong earnings is stirring more bets on the company according to td ameritrade holding corp.