Apple Split Stock
24 will receive three additional.
Apple split stock. Then the seven for one stock split took effect lowering the price to approximately 94. The last time apple split its stock was on june 9 2014. Apple s move is not uncommon and the company has enacted stock splits in the past. Apple said it would enact a 4 for 1.
At the time apple was trading above 600 per share. When trading stopped shares were priced at 645 57. On august 31 trading will begin. Apple s stock has split four times since the company went public.
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. Shareholders at the close of trading on aug. 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. The split brought shares of apple to about 92 a share.
If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. 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.