Apple Stock Split Effective Date

Then the seven for one stock split took effect lowering the price to approximately 94.

Apple stock split effective date. 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. The last time apple split its stock was on june 9 2014. A 2 for 1 split gave apple plenty of breathing room to avoid triple digit share prices. The stock really started to pick up steam in the weeks leading up to the stock split and there was a brief push higher immediately following the effective date of the move.

Apple s first stock split in 1987 came after the stock price had reached roughly 80 per share. The move will drop the price of a single share of the company s stock to around 100 before accounting for any changes in price between now and the effective date for the split. Shares are up 4 4 ah pushing the stock above 400 for the first time. 31 will lead some money managers to sell shares as they adjust to mimic the dow jones industrial average s makeup.

Apple s nasdaq aapl board of directors approves a 4 for 1 stock split effective august 31. Apple s stock split effective aug.