When Does Apple Stock Split Occur
Stock splits after the record date.
When does apple stock split occur. When apple announced its stock split on april 23 2014 here s what the company s press release said. Apple issued a 7 for 1 stock split in 2014 after its share. A 2 for 1 stock split means that both the stock and its price are halved and the total market value of the company s stock remains the same 40 million shares at 10 per share is 400 million. Each apple shareholder of record at 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. Therefore apple s upcoming 4 for 1 stock split means that once the split takes place there will be four shares of aapl stock for every one share that exists today. Apple 4 to 1 stock split in august. Why does apple split its stock.
This was particularly the case with apple during its last split as. Apple s stock has split four times since the company went public. Thus the two new slices are the same amount of pie of the previous larger slice. Aapl stock which closed thursday at 384 76 should go for around 100 a share when the split occurs in late august.
When a stock split occurs you are basically taking each investor s slice and cutting it in half. So an investor who owned 1 000 shares of aapl pre split would have 7 000 shares post split. A stock split is an action taken by a company to divide its existing shares into multiple shares. Apple s 2014 stock split.
For instance if a stock is trading at 100 per share and the. A stock split is when a company divides the existing shares of its stock into multiple new shares to boost the stock s liquidity. A stock split is when a company increases the number of shares issued to current shareholders.