When Will Apple Stock Split Happen

When trading stopped shares were priced at 645 57.

When will apple stock split happen. If you pay 440 per share for apple stock pre split you need to note in your records that after the split happens you ll have four times as much stock with a cost basis of 110 per post split share. While apple has enacted stock splits amazon which has seen its stock price rocket. At the time apple was trading above 600 per share. Apple s move is not uncommon and the company has enacted stock splits in the past.

The tech giant s most recent split came in 2014 which enabled it for consideration and ultimately addition to. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. What apple s 4 for 1 stock split means. The split brought shares of apple to about 92 a share.

Apple s stock has split four times since the company went public. 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. In june 2014 the cupertino calif company split the stock on a 7. 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.

In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. On august 31 trading will begin. Apple previously split its stock 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. Then the seven for one stock split took effect lowering the price to approximately 94.

One share owned before apple s first split in 1987 would turn into 224 shares next month once the split happens. Apple s board of directors has approved a four for one stock split to. If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. Write to michael wursthorn at michael.