
Apple's Stock Splits: Making Shares Affordable
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Apple has split its stock five times, with the latest being a four-for-one on August 31, 2020. These splits make shares more affordable for retail investors, as they multiply the number of shares while cutting the price per share. Without splits, Apples share price today would be around $57,290, locking out most individual buyers. The companys board decides on splits to boost accessibility and get shareholder approval.
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