Frequently Asked Questions

Frequently Asked Questions

Stock

Stock

Why have you decided to split Apple's stock?

We want Apple stock to be more accessible to a larger number of investors.

Has Apple stock ever split before?

This will be Apple’s fourth stock split since going public. Apple's common stock split
on a 2-for-1 basis on May 15, 1987, on June 21, 2000 and also on February 18, 2005.

What is the effective date of the split?

There are several key dates.
The Record Date – June 2, 2014 - determines which shareholders are entitled to receive additional shares due to the split.
The Split Date – June 6, 2014 - shareholders are due split shares after the close of business on this date.
The Ex Date - June 9, 2014 - the date determined by NASDAQ when Apple common shares will trade at the new split-adjusted price.

How does a 7-for-1 stock split actually work?

A 7-for-1 split means that six additional shares of stock are issued for each share in existence on the Record Date, June 2, 2014.
Here’s an example:
Let’s assume that as of the Record Date (June 2, 2014) an investor owns 100 shares of Apple common stock and that the market price of Apple stock is $490 per share, so that the investment in Apple is worth $49,000. Let’s also assume that Apple’s stock price doesn’t move up or down between the Record Date and the time the split actually takes place. Immediately after the split, the investor would own 700 shares of Apple stock, but the market price would be $70 per share instead of $490 per share. The investor’s total investment value in Apple would remain the same at $49,000 until the stock price moves up or down. 

Are there any personal income tax consequences as a result of the stock split?

There will be no U.S. taxable income to U.S. residents as a result of the stock split. The tax basis of each share owned after the stock split will be 1/7th the amount it was before the split. For example, if you owned 100 shares before the split with a tax basis of $70 per share, after the split you would own 700 shares of stock with a tax basis of $10 per share. Foreign residents should consult their local tax advisors.

How will I receive the split shares?

If you hold shares in a brokerage account, the additional shares to reflect the split will be deposited into your account in the days following the Split Date (June 6, 2014). Contact your broker if you have any questions regarding timing. If you have a share certificate or hold your shares directly with Apple’s transfer agent, Computershare Investor Services, the post-split shares will be deposited in a book-entry position and Computershare will mail you a statement indicating the number of shares that you own following the split. We will not be issuing new share certificates. If you have a physical stock certificate, there is no need to return it.  You will be credited the split number of shares in a book-entry position.

Where will my statement be mailed?

If you currently hold stock certificates in your name or hold shares directly with Apple’s transfer agent, Computershare Investor Services, statements will be mailed to the address on Computershare’s records. To verify your address you can call Computershare directly at 877-360-5390. If your stock is currently held in a brokerage account, information will be provided by your broker.

My shares are held by a brokerage firm. How will my shares get adjusted for the stock split?

You do not need to do anything.  If you hold shares in a brokerage account, the additional shares will be deposited into your account to reflect the split in the days following the Split Date (June 6, 2014). Contact your broker if you have any questions regarding timing. Your broker will ensure that your Apple stock holdings are properly adjusted for the stock split.

What happens if I buy or sell shares on or after the Record Date and before the Ex Date?

If you sell shares on or after the Record Date (June 2, 2014) but before the Ex Date (June 9, 2014) you will be selling them at the pre-split price. At the time of the sale, you will surrender your pre-split shares and will no longer be entitled to the split shares.  Following the split, the new owner of the shares will be entitled to the additional shares resulting from the stock split.
If you buy shares on or after the Record Date but before the Ex Date, you will purchase the shares at the pre-split price and will receive (or your brokerage account will be credited with) the shares purchased. Following the split, you will receive (or your brokerage account will be credited with) the additional shares resulting from the stock split.

How will the stock split affect the number of shares outstanding and the future calculation of earnings per share?

At the time of the split, the number of shares outstanding will be multiplied by seven and earnings per share will be divided by seven.

Will the number of authorized Apple common shares increase from 1.8 billion to 12.6 billion as a result of the split?

Yes. The number of shares outstanding and the number of authorized shares will increase at the same time in order to keep the shares we have available for future issuances, as a percentage of the shares currently outstanding, unaffected by the split.


Artículos publicados:
http://rastreandovalor.blogspot.com.es/2014/04/apple-directa-al-dow-jones.html

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APPLE 21 MAYO 2014