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Apple has split its stock four times since the company went public. Here’s a look at the dates of each split and the stock price at the time.
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Apple’s First Stock Split
On June 16, 1987, Apple Inc. (AAPL) had its first 2-for-1 stock split.Apple was trading at $72.75 per share at the time of the split. After the split, the stock price dropped to $38.375 per share. The stock split was made to make the shares more affordable to individual investors.
When did it happen?
Apple’s first stock split occurred on June 16, 1987. That’s when the company split its shares 2-for-1. So, if you owned 100 shares of Apple at the time of the split, you would have 200 shares after the split. The stock price would be halved, but the number of shares outstanding would double. Apple has split its stock four times since then
What was the stock price before and after the split?
On June 16, 2014, Apple’s seventh stock split took place. This was a 2-for-1 stock split, meaning that for each share of AAPL owned pre-split, the shareholder now owned two shares. Post-split, the stock price was cut in half but the value of each shareholders’ investment remained the same. The total number of shares outstanding also doubled. So, if an investor owned 100 shares pre-split, they would own 200 shares post-split. And if each share was trading at $90 pre-split, the price would be $45 post-split.
Apple’s Second Stock Split
Apple’s stock has split four times since the company went public on December 12, 1980. The stock most recently split on February 28, 2014, when it did a 7-for-1 split. That effectively meant that investors who owned one share of Apple pre-split, owned seven shares after the split.
When did it happen?
Apple’s second stock split occurred on June 16, 1987. The split was a 2-for-1 split, which doubled the number of shares that investors owned. At the time, Apple’s stock was trading at around $75 per share. After the split, it fell to around $38 per share.
What was the stock price before and after the split?
Apple Inc. (AAPL) has announced a 4-for-1 stock split, to be effected as a stock dividend on August 31, 2020. This is the company’s fifth stock split since going public in 1980, and its first since 2014.
Assuming a stock price of $400 before the split, the new shares will trade at $100 each. The market capitalization will remain the same at about $1.6 trillion.
Apple last split its shares in 2014, when it did a 7-for-1 split. Prior to that, it had done a 2-for-1 split in 2005, 2000, and 1987.
Apple’s Third Stock Split
Apple Inc. (AAPL) has announced a third stock split in less than three years. The latest split, which will take effect on February 28, 2015, will be a 7-for-1 split. This means that for each share of Apple stock you own, you will receive six additional shares. The stock will begin trading on a split-adjusted basis on March 2, 2015.
When did it happen?
Apple’s third stock split happened on February 28, 2005. This was a 2-for-1 stock split, meaning that for each share of AAPL stock that an investor owned on the record date, they would receive two shares. The one big difference between this stock split and Apple’s first two was that the company effectuated a 3-for-1 stock split before executing the 2-for-1 component.
What was the stock price before and after the split?
When Apple Inc. (AAPL) split its stock for the third time in 15 years on Feb. 28, 2014, shareholders received one additional share of common stock for every two shares they owned on the close of business on Feb. 18, 2014, the day before the split. The distribution was based on each shareholder’s holdings as of the close of business on that date.
The price per share was adjusted to reflect the additional shares created by the split and trading began at a price of $ 92.70 per share on March 3, 2014. This was less than 1% below Apple’s closing price of $ 93.60 per share on Feb. 28, 2014.
Following is a brief history of Apple’s previous two stock splits:
-On June 21, 2000, shareholders received two additional shares for every one share they owned as of June 16, 2000. The price per share was adjusted to reflect the additional shares created by the split and trading began at a price of $ 90.56 per share on June 26, 2000.-On February 18, 2005, shareholders received one additional share for every one share they owned as of February 11, 2005. The price per share was adjusted to reflect the additional shares created by the split and trading began at a price of $ 87.18 per-share on February 22, 2005
Apple’s Fourth Stock Split
Apple Inc. (AAPL) has now four-for-one stock split after the market close on August 28, 2020. This is the fourth stock split for Apple since it went public in 1980. The move was widely expected as the stock has quadrupled in value since its last split in 2014.
When did it happen?
Apple’s fourth stock split occurred on February 28, 2005. The stock split was a 2-for-1 stock split, meaning that for every one share of Apple common stock an investor owned as of the close of business on February 18, 2005, the investor received two shares after the market opened on February 28, 2005. The move doubled the number of Apple shares outstanding and effectively cut the price of each individual share in half.
What was the stock price before and after the split?
On June 9, 2014, Apple Inc. (AAPL) announced a 7-for-1 stock split . This was the fourth stock split in the company’s history and came almost exactly 10 years after its last stock split. The stock price closed at $645.57 on the day before the split and opened at $92.69 on the day after the split.
Here’s a look at Apple’s stock price before and after each of its past four splits:
Split Date | Stock Price Before Split | Stock Price After Split
———-|————————–|———————–
June 9, 2014 | $645.57 | $92.69
February 28, 2005 | $84.26 | $41.13
June 21, 2000 | $63.00 | $31.50
June 16, 1987 | $72.75 | $36.375
Apple’s Fifth Stock Split
Apple has announced a fifth stock split, with a record date of August 24th. This is the company’s fifth stock split since going public in 1980. Apple’s stock has split four times before, in 1987, 2000, 2005, and 2014. Each time, the split has occurred during a period of sustained growth for the company.
When did it happen?
On June 9, 2014, Apple shares closed at $645.57. The stock split on a 7-for-1 basis on June 6, giving shareholders seven shares for every one they previously owned. This was Apple’s fifth stock split since going public in 1980, and its first since 2005.
What was the stock price before and after the split?
On Monday, Apple Inc. (AAPL) announced that its board of directors had approved a four-for-one stock split. This is the fifth time the company has split its stock, and the first since 2014. The split will take effect on August 31, 2020, with shareholders of record as of that date receiving three additional shares for every one they own.
The announcement came as something of a surprise because Apple had never hinted that another split was in the works. Nevertheless, it’s good news for investors because it effectively makes Apple’s shares more affordable and could boost demand for the stock.
Apple’s shares were up 2% in trading Tuesday following the announcement of the stock split. The stock is now up nearly 60% since the beginning of the year and is trading at around $445 per share.
Assuming Apple’s stock price doesn’t change between now and August 31, each share will be worth one-fourth of what it is today. So, if you owned 100 shares of Apple before the split, you’ll own 400 shares after the split. But because each share will be worth one-fourth as much, the value of your investment will remain unchanged at $44,500.
Stock splits are commonplace among companies with high-priced stocks
