Apple Stock Split News

The move will make the stock more accessible to a broader base of investors as shares surged more than 80 or almost 400 over the past year.

Apple stock split news. Apple s board of directors has approved a four for one stock split to. Apple on thursday announced its fifth stock split in its history as the iphone maker s stock price marched to the 400 level. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. Apple shareholders at the close of trading on aug 24 will receive three additional shares for each one they currently own.

Post split trading will begin on aug 31. Then it split its stock on a 7 for 1 basis in 2014. Brushed off the covid 19 crisis to report record results thursday and the company said it plans to split its stock in an attempt to make it more accessible to a broader base of. Apple s upcoming stock split will be its fifth since going public.

This is apple. Apple announces 4 for 1 one stock split amid earnings closing bell apple on thursday announced in its fiscal third quarter earnings that the board of directors has approved a four for one stock split. Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year shareholders at the close of trading on aug. Apple and tesla arguably two of the market s most popular companies both announced stock splits in recent weeks.

Six years after apple had its last split the company has announced that a four to one stock split will happen on august 24. The last time apple split its stock was on june 9 2014. Apple said a stock split would allow it to appeal to a broader base. Bloomberg apple inc.

Then the seven for one stock split took effect lowering the price to approximately 94. Are these maneuvers good or bad for investors.