When Does Apple Stock Split
2 1 stock split in june 1987.
When does apple stock split. Surpassing all of its competition on the dow jones industrial average to become the index s best performer last year apple stock grew nearly 86 in price over 2019 alone. The split will be effective on aug. In 2005 the stock split when it was valued at 90. 2 1 stock split in june 2000.
Just a look at apple s performance in 2019 suggests that the company is on course for a stock split. 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 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. 31 for holders of record as of.
Other stock splits have happened when the stock was valued lower without adjusting for inflation though. Given that when apple split its shares last it didn t do it until the stock hit 700 a stock split is probably the last thing on the board s mind with shares currently trading at about 175. Apple aapl announced a four for one stock split as part of it s quarterly report on july 30. Apple 4 1 stock split to take effect at the end of august.
So an investor who owned 1 000 shares of aapl pre split would have 7 000 shares post split. A stock split is when a company increases the number of shares issued to current shareholders. Contributing to this success of course is apple s incredibly diversified. Two decades ago apple split at a price of 111.
This stock split will mean that for each aapl stock held by an investor three other will be received. 7 1 stock split in june. It s the fifth apple stock split since the company went public. Boosting a building business.
2 1 stock split in february 2005. 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.