Apple Announces 4-1 Stock Split After Shares Surge Toward $400

An Apple store stands temporarily closed in Miami Beach on July 17.Photographer: Jayme Gershen/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Mark Gurman

July 30, 2020 at 8:30 PM UTC

This article is for subscribers only.

Apple Inc. announced a 4-for-1 stock split after shares of the iPhone maker surged more than 80% in the past year.

Shareholders at the close of trading on Aug. 24 will receive three additional shares for each one they currently own. Post-split trading will begin Aug. 31, Apple said in a statement on Thursday.