Apple Split

Apple on thursday announced in its fiscal third quarter earnings that the board of directors has approved a four for one stock split.

Apple split. Apple s last split was announced on april 23 2014. Apple enacted 2 for 1 stock splits in 1987 2000 and 2005 as well as a 7 for 1 stock split in 2014. Apple said in the release it approved the split to make the stock. Apple s stock has split four times since the company went public.

On august 31 trading will begin. 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. Since apple stock currently trades above 380 it means. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year.

24 will receive three additional. Apple inc s planned stock split will diminish its influence on the dow jones industrial average after the iphone maker s 100 surge since march lows nearly dragged the price weighted measure. Apple is currently the highest priced stock in the index which may have influenced the company s decision to split its shares. Shareholders at the close of trading on aug.

If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. 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. What apple s 4 for 1 stock split means. That split was a 7 for 1 split and a big buyback program was announced at the same time.