written by reader Apple Corporation

By bothered, July 31, 2020

Is Apple (AAPL) going to split any time soon?

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bunion132
Irregular
August 2, 2020 11:29 am

Short answer: Yes, per announcement they made during their Q3 Earnings Reporting on July 31st. Record Date for current shareholders: 8/24/20; split takes effect 8/31/20.

Following is the excerpt from their Q3 Report pertaining to the stock split:

“The Board of Directors has also approved a four-for-one stock split to make the stock more accessible to a broader base of investors. 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-adjusted basis on August 31, 2020.”

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