Apple Announces Stock Split

Apple (AAPL) announced a 4-for-1 stock split. The iPhone and Computer maker on Thursday announced that its board approved the stock split. The split, intended to make Apple “more accessible to a broader base of investors,” will impact owners of record as of Aug. 24 and Apple’s shares which closed at $384.76 on Thursday, will trade on a split-adjusted basis on Aug. 31.

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