When Does Apple Stock Split 2020

It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split.

When does apple stock split 2020. 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. 2 1 stock split in june 2000. The tech company split its stock on a 2 for 1 basis in 1987 2000 and 2005. Then it split its stock on a 7 for 1 basis in 2014.

Announced a 4 for 1 stock split after shares of the iphone maker surged more than 80 in the past year. This stock split will mean that for each aapl stock held by an investor three other will be received. 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. At the time apple was trading above 600 per share.

Apple 4 1 stock split to take effect at the end of august. Apple just announced a stock split here s what that means for investors published thu jul 30 2020 5 12 pm edt updated thu jul 30 2020 5 43 pm edt pippa stevens pippastevens13. Apple s upcoming stock split will be its fifth since going public. 2 1 stock split in february 2005.

24 will receive three additional. Shareholders at the close of trading on aug. It s the fifth apple stock split since the company went public.