Feeds

Apple announces 'two for one' stock split

Shares near all-time high price

  • alert
  • submit to reddit

Intelligent flash storage arrays

appleApple will next week issue a second share for every single share currently outstanding, the Mac maker announced today. The two-for-one split will take place on Friday, 18 February after the close of trading on Nasdaq, with the shares re-entering the market on Monday, 28 February.

There are currently some 900m AAPL common shares in circulation, rising to 1.8bn after the split.

Apple shares were priced at $78.36 as we went to press. Earlier this week the stock hit a year-high of $81.99, just shy of the company's all-time high, $83.25, achieved in November 1999.

Apple last split its stock this way in June 2000, when AAPL shares had risen to over $60 =after almost four years below $20). After the 2000 split, the stock slumped to below $20 and then oscillated around the $20 mark before starting, in Q1 2003, the growth trend that has taken the stock to today's levels. The increase comes largely on the back of the company's success with the iPod. In November 2004, the stock hit a four-year high. ®

Related stories

Apple shares hit four-year high
Apple sued over share dealings - again
Apple insider trading suit expanded
Apple to shine through PC market gloom - analyst
Apple shares slump
Apple splits stock
Apple shareholders OK two-for-one stock split
Apple stock hits all-time high

Beginner's guide to SSL certificates

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Managing SSL certificates with ease
The lack of operational efficiencies and compliance pitfalls associated with poor SSL certificate management, and how the right SSL certificate management tool can help.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.