When Is Apple Stock Split
Here s how many shares an investor would own if they d bought a single share before apple s.
When is apple stock split. Then it split its stock on a 7 for 1 basis in 2014. If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. On august 31 trading will begin. 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.
The split brought shares of apple to about 92 a share. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. When trading stopped shares were priced at 645 57. 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.
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. Apple last split its stock in 2014 when it enacted a 7 for 1 split as its share price reached 700. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. Then the seven for one stock split took effect lowering the price to approximately 94.
Apple s upcoming stock split will be its fifth since going public. What apple s 4 for 1 stock split means.