Apple Split Date And Price
Apple said a stock split would allow it to appeal to a broader base.
Apple split date and price. Shares to split four for one at the end of this month. Tesla now the world s most valuable automaker has seen its share price multiply eight times since this time last year from 224 to beyond 1 800 while apple s more than doubled to 458. Apple s initial public offering price was 22. Prices shown are actual historical values and are not adjusted for either splits or dividends.
At this point the original 10 share investment would have ballooned to 40 shares of stock each valued at 101 25 at market close. Please see the historical prices tab for adjusted price values. When technology giant apple aapl reported its. Apple on thursday announced its fifth stock split in its history as the iphone maker s stock price marched to the 400 level.
Let s assume that as of the record date august 24 2020 an investor owns 100 shares of apple common stock and that the market price of apple stock is 400 per share so that the investment in apple is worth 40 000. When trading stopped shares were priced at 645 57. Apple nyse aapl has announced a 4 for 1 stock split as part of its third quarter results. Then the seven for one stock split took effect lowering the price to approximately 94.
2 trillion market cap is in sight. The move will cut the price of apple stock to a quarter of what it was before. It also split on a 7 for 1 basis on june 9 2014. A 2 for 1 basis on june 21 2000.
Split day has been good the week after not so much. Apple s second stock split occurred on june 21 2000. This is apple s fifth stock split since it went public. A 2 for 1 basis on february 28 2005.
Apple claims the split will make the stock more accessible to retail investors but it has the side effect of reducing its weighting in the dow jones. And on a 2 for 1. A 4 for 1 split means that three additional shares of stock are issued for each share in existence on the record date of august 24 2020. What is apple s split adjusted ipo price.
Date shown is the first date shares traded on a split adjusted basis.