When Will Apple Stock Split 2020

One share owned before apple s first split in 1987 would turn into 224 shares next month once.

When will apple stock split 2020. Generally companies enact stock splits to make shares easier to buy for individual investors. Since going public in 1980 apple s stock has split four times. Returns as of 08 16 2020. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis.

Stock splits have become rare on wall street in recent years with just three s p 500 members announcing splits in 2020 compared to an average of 10 a year over the past decade according to s p. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. Apple delivered impressive results on july 30 as it announced in its third quarter earnings and its board of directors has approved a four for one stock split. Cumulative growth of a 10 000 investment in stock advisor calculated by time weighted return.

The last time apple shares split was in 2014 when apple enacted 7 to 1 split. 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. Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split.

The apple stock split. In june 2014 the cupertino calif company split the stock on a 7. Apple s upcoming stock split will be its fifth since going public. Are these maneuvers good or bad for investors.

Then it split its stock on a 7 for 1 basis in 2014. What apple s 4 for 1 stock split means. What does the apple stock split mean. At the time the shares.

Apple and tesla arguably two of the market s most popular companies both announced stock splits in recent weeks. At the time apple was trading above 600 per share.