Aapl Stock Split Date 2020

Each apple shareholder of record 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.

Aapl stock split date 2020. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. Its huge returns in 2019 and so far in 2020 fly in the face of those who ve said that the iphone maker s best. The key to. Tech giant apple nasdaq aapl has broken all the rules of stock market investing.

Those who bought apple stock back in the 2000s certainly don t care too much whether they paid a split adjusted 3 per share or 4 per share for a stock worth well over 400 right now. One share owned before apple s first split in 1987 would turn into 224 shares next month once. The stock was up 6 2 premarket friday. 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.

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. Stock splits had almost become a thing of the past when apple nasdaq aapl came out with its surprise announcement to split its stock the move was the fourth time that apple had made such a move. The split date is aug. What does the apple stock split mean.

This had it reporting diluted earnings per share of 2 58 on revenue of 59 69 billion. Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014. The apple stock split. That s the day when aapl shares will start trading at the new split adjusted price.

Apple s upcoming stock split will be its fifth since going public. The ex date is aug. That s the day the split takes place.