Apple Stock Splitting

At the time apple was trading above 600 per share.

Apple stock splitting. One share owned before apple s first split in 1987 would turn into 224 shares next month once. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. Here s what a stock split means for apple and investors. Shareholders at the close of trading on aug.

It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. A stock split is a rare event for apple and most companies. Apple s upcoming stock split will be its fifth since going public. Matter of fact apple has only split its stock four times since going 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. On august 31 trading will begin. Since going public in 1980 apple s stock has split four times. During its third quarter earnings results on thursday apple said that the company s board of directors approved a four for one stock split.

The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. Apple is executing a four for one stock split. The split brought shares of apple to about 92 a share. In june 2014 the cupertino calif company split the stock on a 7.

What apple s 4 for 1 stock split means. Then the seven for one stock split took effect lowering the price to approximately 94. Then it split its stock on a 7 for 1 basis in 2014. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year.

When trading stopped shares were priced at 645 57.