Apple Stock Split 2020 Date
At the time apple was trading above 600 per share.
Apple stock split 2020 date. The first split for aapl took place on june 16 1987. The last time apple split its stock was on june 9 2014. Investor relations dividend history. This was a 2 for 1 split meaning for each share of aapl owned pre split the shareholder now owned 2 shares.
Reflects first date shares trade on a split adjusted basis. At the time apple was trading above 600 per share. The other three times apple split its shares are noted below. Apple stock split date if you sell shares on or after the record date august 24 2020 but before the ex date august 31 2020 you will be selling them at the pre split price split apple stock split history.
At the time the shares traded at 655 90. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. When trading stopped shares were priced at 645 57. The stock surged over 86 to hit 293.
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. Apple is also viewed favorably on wall street with more than 80 of analysts issuing a buy rating on the stock. Apple s outstanding shares increased from 861 million shares to 6 billion shares while its market cap stayed around 556 billion. 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.
Apple nasdaq aapl was the dow s best performer in 2019. Before the split apple s stock was trading at a price of 645 57 per share. Then the seven for one stock split took effect lowering the price to approximately 94. For example a 1000 share position pre split became a 2000 share position following the split.
Apple aapl has 4 splits in our apple stock split history database. 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.