When Will Apple Stock Split Again

And some shareholders have wondered if it might do it again since the company stock climbed above 100 a share in 2019. And on a 2 for 1. Apple s stock has split four times since the company went public.

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Apple s stock was trading at 384 76 per share at market close on thursday.

When will apple stock split again. A 2 for 1 basis on june 21 2000. The stock surged over 86 to hit 293. Apple and tesla arguably two of the market s most popular companies both announced stock splits in recent weeks. It s important to note that straightforward splits do not change the inherent value of a stock.

The stock has split four times since the ipo so on a split adjusted basis the ipo share price is 0 39. Apple s board of directors has approved a four for one stock split to make the stock more accessible to a broader base of investors says the company. What apple s 4 for 1 stock split means. Apple is also viewed favorably on wall street with more than 80 of analysts issuing a buy rating on the stock.

Apple stock is up. In announcing a stock split for later this. At the time the shares. The last time apple shares split was in 2014 when apple enacted 7 to 1 split.

Generally companies enact stock splits to make shares easier to buy for individual investors. Each apple shareholder at the close of business on august 24 2020 will receive three additional shares for every share held on the record date and trading will begin on a split adjusted basis. Apple nasdaq aapl was the dow s best performer in 2019. The last of the four splits was.

If the stock of the iphone maker mimics its 2019 growth apple could be heading for a split in 2020 six years after the last one. 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. Apple went public on december 12 1980 at 22 00 per share. On august 31 trading will begin.

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. This is apple s fifth stock split since it went public. It also split on a 7 for 1 basis on june 9 2014. Are these maneuvers good or bad for investors.

A 2 for 1 basis on february 28 2005. If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal.