When Is Apple Splitting 4 To 1

24 will receive three additional.

When is apple splitting 4 to 1. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. Shareholders at the close of trading on aug. In june 2014 the cupertino calif company split the stock on a 7. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year.

Apple s last stock split was a 7 for 1 stock split that took place in june of 2014. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year shareholders at the close of trading on aug. 24 will receive three. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split.

At the time apple was trading above 600 per share. Shareholders at the close of trading on aug. Apple has announced a 4 for 1 stock split for investors. Bloomberg apple inc.

Post split trading begins on august 31. Apple 4 to 1 stock split in august. Apple s last split was announced on april 23 2014. Since going public in 1980 apple s stock has split four times.

That split was a 7 for 1 split and a big buyback program was announced at the same time. 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. When you combine that upcoming split with apple s 7 for 1. Why companies do.

Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year. Current shareholders as of august 24 will receive three additional shares. In apple s case a 4 for 1 split means that its stock would have sold at 96 19 at thursday s market close rather than at 384 76. The split brought shares of apple to about 92 a share.

As part of its massive q3 2020 earnings announcement apple has announced a 4 for 1 stock split. Apple had three 2 for 1 stock splits in february of 2005 june of 2000 and june of 1987.