Apple Stock Splitting 2020 Date

Apple was trading at 384 07 ahead of earnings and the split announcement but the shares popped to 424 28 the next day on earnings excitement though the excitement of a stock split has helped.

Apple stock splitting 2020 date. Top stocks to buy in 2020. 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 june 2014 the cupertino calif company split the stock on a 7. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis.

At the time apple was trading above 600 per share. For a couple of weeks after the split apple shares sagged. At the time apple was trading above 600 per share. 24 will be given three additional shares for every share they hold on that date.

Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014. A 4 for 1 split means that three additional shares of stock are issued for each share in existence on the record date of august 24 2020. Are these maneuvers good or bad for investors. Since going public in 1980 apple s stock has split four times.

Apple announces 4 for 1 stock split. One share owned before apple s first split in 1987 would turn into 224 shares next month once. 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. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split.

What apple s 4 for 1 stock split means. And there was a brief push higher immediately following the effective date of the move. Apple and tesla arguably two of the market s most popular companies both announced stock splits in recent weeks.