When Is Apple Stock Split Date

24 will be given three additional shares for every share they hold on that date.

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. 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. In june 2014 the cupertino calif company split the stock on a 7. The split brought shares of apple to about 92 a share.

Apple declares 4 for 1 stock split. Apple announces 4 for 1 stock split. The apple stock split was announced alongside the company s earnings for its fiscal third quarter of 2020. 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. It follows a similar move apple made in 2014 when it offered a 7 to 1 stock split. Each apple shareholder of record at the close of business on august 24 2020 will receive three additional shares for every share held on the record date and trading will begin on a split. What apple s 4 for 1 stock split means.

In early 2005 apple decided to do a more conventional 2 for 1 stock split. At the time apple was trading above 600 per share. The stock really started to pick up steam in the weeks leading up to the stock split and there was a brief push higher. Since going public in 1980 apple s stock has split four times.

In 1987 2000 and 2005 the stock was split on a 2 for 1 basis. These metrics may presage a major top after the split date later this month. 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.