In the case of the Tesla split, the record date is August 21, the split date is August 28 (Friday), and the ex date is August 31 (Monday).Īpple's Investor Relations FAQ provides definitions of these dates: Trading will begin on a stock split-adjusted basis on August 31, 2020. Examples:Įach Apple shareholder of record at the close of business on Augwill receive three additional shares for every share held on the record date, and trading will begin on a split-adjusted basis on August 31, 2020.Įach stockholder of record on Augwill receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Stock split announcements usually mention a few dates - record date ("date of record"), split date ("distribution date", "pay date", or "payment date"), ex date ("ex-split date").
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