Apple Stock Splitting 2020

This is apple s fifth stock split since it went public.

Apple stock splitting 2020. The apple stock split. A 2 for 1 basis on february 28 2005. 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. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year.

In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. Trading will begin on a split adjusted basis meaning that the price of each share which was up 31 in 2020 as of july 30 will be much. Then it split its stock on a 7 for 1 basis in 2014. What apple s 4 for 1 stock split means.

July 31 2020 at 6 33 a m. Earnings results apple beats on earnings and announces stock split sending shares toward record high published. One share owned before apple s first split in 1987 would turn into 224 shares next month once. Since going public in 1980 apple s stock has split four times.

It also split on a 7 for 1 basis on june 9 2014. 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. What does the apple stock split mean. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005.

Shareholders at the close of trading on aug. 24 will receive three additional. A 2 for 1 basis on june 21 2000. 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.

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 enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014.