When Apple Stock Split
Apple said it would enact a 4 for 1.
When apple stock split. It s kinda like changing your 20 for four 5 bills. 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. It won t add on to or reduce your net holdings but it ll give you more bills. 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.
The last time apple split its stock was on june 9 2014. The tech giant s most recent split came in 2014 which enabled it for consideration and ultimately addition to. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. Apple s stock has split four times since the company went public.
On august 31 trading will begin. In june 2014 the cupertino calif company split the stock on a 7. Since going public in 1980 apple s stock has split four times. The split brought shares of apple to about 92 a share.
The apple stock split. When trading stopped shares were priced at 645 57. The stock really started to pick up steam in the weeks leading up to the stock split and there was a brief push higher. What does the apple stock split mean.
Then the seven for one stock split took effect lowering the price to approximately 94. In early 2005 apple decided to do a more conventional 2 for 1 stock 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. 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.
It means if you have 1 share of apple priced at around 400 you re now going to have 4 shares of aapl each worth around 100. Brushed off the covid 19 crisis to report record results thursday and the company said it plans to split its stock in an attempt to make it more accessible to a broader base of. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split.