When Will Apple Stock Split Happen
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.
When will apple stock split happen. Write to michael wursthorn at michael. What apple s 4 for 1 stock split means. The last time apple split its stock was on june 9 2014. 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.
Apple s board of directors has approved a four for one stock split to. If you own a share of apple on august 24 the stock split will get you three more according to the wall street journal. 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 tech giant s most recent split came in 2014 which enabled it for consideration and ultimately addition to.
Apple s stock has split four times since the company went public. At the time apple was trading above 600 per share. On august 31 trading will begin. The split brought shares of apple to about 92 a share.
When trading stopped shares were priced at 645 57. Then the seven for one stock split took effect lowering the price to approximately 94. Apple previously split its stock 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. In june 2014 the cupertino calif company split the stock on a 7.
In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. Since going public in 1980 apple s stock has split four times. One share owned before apple s first split in 1987 would turn into 224 shares next month once the split happens. While apple has enacted stock splits amazon which has seen its stock price rocket.