Is Apple Stock Splitting Soon

August 13 2020 8 20 am.

Is apple stock splitting soon. This was the first stock split since apple s seven for one stock split back in. After apple and tesla 13 more stock splits that should come very soon. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year. If the stock of the iphone maker mimics its 2019 growth apple could be heading for a split in 2020 six years after the last one.

Understanding apple s 4 for 1 stock split apple s upcoming stock split will be its fifth since going public. The last time apple shares split was in 2014 when apple enacted 7 to 1 split. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year. Apple nasdaq aapl was the dow s best performer in 2019.

The stock surged over 86 to hit 293. One share owned before apple s first split in 1987 would turn into 224 shares next month once. Apple is also viewed favorably on wall street with more than 80 of analysts issuing a buy rating on the stock. Bulls will note that stock splits are normally a good thing for stocks especially for aapl stock.

24 will receive three additional. Apple s stock has split four times since the company went public. Apple is currently the highest priced stock in the index which may have influenced the company s decision to split its shares. Apple has split its.

At the time the shares. Shareholders at the close of trading on aug. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. 24 will receive three additional.

Also of note apple announced a 4 for 1 stock split for the end of august. Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014. Apple said in the release it approved the split to make the stock. 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.