Apple Stocks Split
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 stocks split. 24 will receive three additional. But in 2014 apple split its stock 7 for 1. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year. One share owned before apple s first split in 1987 would turn into 224 shares next month once.
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. When the dow added apple in 2015 its stock was selling for about 120 which fit in the price range of the 29 other stocks. Apple s stock has split four times since the company went public. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split.
Then it split its stock on a 7 for 1 basis in 2014. At the time apple was trading above 600 per share. What apple s 4 for 1 stock split means. When trading stopped shares were priced at 645 57.
Shareholders at the close of trading on aug. Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. Apple s upcoming stock split will be its fifth since going public.
Apple s share price appreciation prior to the. 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. Apple s move is not uncommon and the company has enacted stock splits in the past. Then the seven for one stock split took effect lowering the price to approximately 94.
In mid 2000 apple did a 2 for 1 stock split but the stock market had begun to slip into the bear market pullback following the internet stock boom. On august 31 trading will begin.