Apple Stock Split 2020 Price
The reason for the stock split.
Apple stock split 2020 price. It also split on a 7 for 1 basis on june 9 2014. Apple s 2020 4 for 1 stock split will occur on aug. 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. This is apple s fifth stock split since it went public.
A 2 for 1 basis on june 21 2000. And on a 2 for 1. A 2 for 1 basis on february 28 2005. Apple is executing a four for one stock split.
Jul 30 2020 5 12 pm edt updated thu. A 2 for 1 split gave apple plenty of breathing room to avoid triple digit share prices. Here s how many shares an investor would own if they d bought a single share before apple s. Apple last split its stock in 2014 when it enacted a 7 for 1 split as its share price reached 700.
Apple s first stock split in 1987 came after the stock price had reached roughly 80 per share.