Apple Stock Split Day

What apple s 4 for 1 stock split means.

Apple stock split day. On august 31 trading will begin. Here s how many shares an investor would own if they d bought a single share before apple s. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. For example apple issued a 7 for 1 stock split in 2014 after its share price had climbed to almost 700 per share.

Aapl q3 earnings conference call july 30. Investors had roughly six weeks to consider whether they wanted to buy apple shares prior to the split or wait until after it became. At the time apple was trading above 600 per share. Apple s stock was trading at 384 76 per share at market close on thursday.

Apple s move is not uncommon and the company has enacted stock splits in the past. 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. 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. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis.

The tech giant s most recent split came in 2014 which enabled it for consideration and ultimately addition to. Since going public in 1980 apple s stock has split four times. If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. In 2014 apple announced plans to do a 7 for 1 stock split.

The day before the q3 results were unveiled and the split announced. An apple stock split is just weeks away and investors no doubt are wondering how it will affect them. In june 2014 the cupertino calif company split the stock on a 7. The announcement made during apple inc s nasdaq.

Apple s stock has split four times since the company went public. At the time apple was trading above 600 per share.