When Is Apple Stock Split 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.

When is apple stock split 2020. Apple s upcoming stock split will be its fifth since going public. What does the apple stock split mean. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. Apple and tesla arguably two of the market s most popular companies both announced stock splits in recent weeks.

Trading will begin on a split adjusted basis meaning that the price of each share which was up 31 in 2020 as of july 30 will be much. In june 2014 the cupertino calif company split the stock on a 7. What apple s 4 for 1 stock split means. Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014.

Since going public in 1980 apple s stock has split four times. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. At the time apple was trading above 600 per share. Apple announces 4 for 1 stock split.

One share owned before apple s first split in 1987 would turn into 224 shares next month once. Then it split its stock on a 7 for 1 basis in 2014. At the time apple was trading above 600 per share. Apple just announced a stock split here s what that means for investors published thu jul 30 2020 5 12 pm edt updated thu jul 30 2020 5 43 pm edt pippa stevens pippastevens13.

Apple was trading at 384 07 ahead of earnings and the split announcement but the shares popped to 424 28 the next day on earnings excitement though the excitement of a stock split has helped. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. Returns as of 08 16 2020. Cumulative growth of a 10 000 investment in stock advisor calculated by time weighted return.