When Does Apple Stock Split Take Place

Apple s stock split effective aug.

When does apple stock split take place. Apple s first stock split in 1987 came after the stock price had reached roughly 80 per share. The split is scheduled to take place at the close of business on aug. Therefore apple s upcoming 4 for 1 stock split means that once the split takes place there will be four shares of aapl stock for every one share that exists today. A 2 for 1 split gave apple plenty of breathing room to avoid triple digit share prices.

The announcement made during apple inc s nasdaq. 31 will lead some money managers to sell shares as they adjust to mimic the dow jones industrial average s makeup. 24 apple has consistently been one of the first retailers to close its doors in areas of the u s. At this time investors in aapl stock will receive three more shares for each share that they already own.

Apple s stock has split four times since the company went public. The stock split on a 7 for 1 basis on june 9 2014 and split on a 2 for 1 basis on february 28 2005 june 21 2000 and june 16 1987. Aapl q3 earnings conference call july 30. An apple stock split is just weeks away and investors no doubt are wondering how it will affect them.

On july 30 we also announced a four for one split of apple common stock and trading will begin on a split adjusted basis on august 31 2020.