When Will Apple Stock Split Take Place
The stock split will take place for shareholders of record as of august 24th 2020.
When will apple stock split take place. Therefore apple s upcoming 4 for 1 stock split means that once the split takes place there will be four shares of aapl stock for every one share that exists today. Apple also announced a 4 for 1 stock split which will take place at the end of august meaning that investors will be able to buy a piece of the tech titan for a quarter of its current price. Apple s first stock split in 1987 came after the stock price had reached roughly 80 per share. Trading for the split adjusted shares will start on august 31st.
31 will lead some money managers to sell shares as they adjust to mimic the dow jones industrial average s makeup. A 2 for 1 split gave apple plenty of breathing room to avoid triple digit share prices. Apple also announced a record june quarter. An apple stock split is just weeks away and investors no doubt are wondering how it will affect them.
Apple stock split is encouraging but it can t hide stalled growth look to sell aapl stock once the 4 1 split enthusiasm peaks by ian bezek investorplace contributor aug 6 2020 5 01 am edt. The announcement made during apple inc s nasdaq. Stock splits used to be quite common but occur less frequently today. Let s also assume that apple s stock price doesn t move up or down between the record date and the time the split actually takes place.
Apple last split its stock in 2014 when the company enacted a seven for one split prior to being added to the dow jones. Apple s stock split effective aug. Aapl q3 earnings conference call july 30.