If the pre-split price was, hypothetically, $100 a share back then, the post-split price would be $25 – the result of dividing $100 by four.
This means that shareholders received three additional shares for every share of the company they owned after the AAPL stock split was completed and owned four shares in total as a result. On 28 August 2020, the company split its stock into four. However, the value of the company’s equity or that of the investors’ holdings is not affected as their ownership is not diluted.Īpple has completed several stock splits in the past. The price of each share is reduced once the operation is completed. Current stockholders are entitled to receive the newly issued shares in proportion to the number of shares they possess at the moment. After a split, shares are worth a fraction of what they were. A stock split increases the number of a company’s outstanding shares.