Apple Stock Splitting August 2020

What is the apple stock split date.

Apple stock splitting august 2020. Apple s upcoming stock split will be its fifth since going public. The tesla stock split would convert tesla from a 1400 stock to five 280 share. 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. What apple s 4 for 1 stock split means.

A 2 for 1 basis on june 21 2000. Bulls will note that stock splits are normally a good thing for stocks especially for aapl stock. Then it split its stock on a 7 for 1 basis in 2014. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005.

And on a 2 for 1. Investors should make note of several dates. Brian wang august 11 2020 apple announced a 4 1 stock split on july 31 and today tesla announced a 5 1 stock split. The 2020 apple stock split q a.

If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. Apple has split its. You must own apple shares as of this date to be. This was the first stock split since apple s seven for one stock split back in 2014 which also made it more palatable for inclusion in the dow jones industrial.

It also split on a 7 for 1 basis on june 9 2014. This is apple s fifth stock split since it went public. Apple s last split was announced on april 23 2014. 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.

The record date is aug. Apple and tesla arguably two of the market s most popular companies both announced stock splits in recent weeks. August 13 2020 8 20 am. On august 31 trading will begin.

Also of note apple announced a 4 for 1 stock split for the end of august. Apple shares went up about 15 after the stock split announcement. Tesla was up 6 8 in after hours.