When Is Apple Stock Split Date

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.

When is apple stock split date. 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 broke out above the 2018 high at 233 in october 2019 and has nearly. In june 2014 the cupertino calif company split the stock on a 7. This had it reporting diluted earnings per share of 2 58 on revenue of 59 69 billion.

The apple stock split was announced alongside the company s earnings for its fiscal third quarter of 2020. What apple s 4 for 1 stock split means. The stock really started to pick up steam in the weeks leading up to the stock split and there was a brief push higher. If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal.

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. Apple announces 4 for 1 stock split. These metrics may presage a major top after the split date later this month. At the time apple was trading above 600 per share.

In early 2005 apple decided to do a more conventional 2 for 1 stock split. The split brought shares of apple to about 92 a share. In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. Giant announced that it will split that stock 4 for 1.

On august 31 trading will begin. Since going public in 1980 apple s stock has split four times. Apple declares 4 for 1 stock split.