When Apple Stock Split Date

Apple investors of record as of aug. In early 2005 apple decided to do a more conventional 2 for 1 stock split. Apple s stock was trading at 384.

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On august 31 trading will begin.

When apple stock split date. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. Since going public in 1980 apple s stock has split four times. Trading begins on a split adjusted. These metrics may presage a major top after the split date later this month.

Each apple shareholder of record at the close of business on august 24 2020 will receive three additional shares for every share held on the record date and trading will begin on a split. What apple s 4 for 1 stock split means. Let s assume that as of the record date august 24 2020 an investor owns 100 shares of apple common stock and that the market price of apple stock is 400 per share so that the investment in apple is worth 40 000. A 4 for 1 split means that three additional shares of stock are issued for each share in existence on the record date of august 24 2020.

At the time apple was trading above 600 per share. Apple broke out above the 2018 high at 233 in october 2019 and has nearly. In june 2014 the cupertino calif company split the stock on a 7. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split.

The stock really started to pick up steam in the weeks leading up to the stock split and there was a brief push higher. This had it reporting diluted earnings per share of 2 58 on revenue of 59 69 billion. Apple declares 4 for 1 stock split. Apple announces 4 for 1 stock split.

At the time apple was trading above 600 per share. Apple also announced that its board of directors has approved a four for one stock split for apple shareholders of record as of the close of business on aug. 24 will be given three additional shares for every share they hold on that date. 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 apple stock split was announced alongside the company s earnings for its fiscal third quarter of 2020.