Stock Apple Split

Apple s stock has split four times since the company went public.

Stock apple split. In june 2014 the cupertino calif company split the stock on a 7. Apple will split its stock for the fifth time in its history the iphone maker said on thursday after reporting strong earnings that beat analysts estimates. Apple issued a 7 for 1 stock split in 2014 after its share. What apple s 4 for 1 stock split means.

If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. The split brought shares of apple to about 92 a share. Apple said it would enact a 4 for 1. When trading stopped shares were priced at 645 57.

In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. A stock split is when a company divides the existing shares of its stock into multiple new shares to boost the stock s liquidity. The last time apple split its stock was on june 9 2014. At the time apple was trading above 600 per share.

Since going public in 1980 apple s stock has split four times. 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. 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. Then the seven for one stock split took effect lowering the price to approximately 94.

On august 31 trading will begin. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. Apple s move is not uncommon and the company has enacted stock splits in the past. The tech giant s most recent split came in 2014 which enabled it for consideration and ultimately addition to.

Six years after apple had its last split the company has announced that a four to one stock split will happen on august 24.