Dear Valued Client,
Please be advised of the upcoming Apple Inc. (AAPL) 5th stock split that is going to take place as per the following schedule:
• Ex-Date: Aug 31st, 2020. Common shares will trade at the new split-adjusted price.
Important notes of the AAPL Stock Split
● The quantity of shares of each client’s position will multiply by four.
● Post-split, the open price of each position will be adjusted, which will be the original price divided by four.
● The estimated post-split price will be 1/4th of the closing price on 28th of August.
● All pending orders at the time of the split (Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit and Sell Stop Limit) will be deleted.
• All open and pending Demo account AAPL orders will be deleted as a result of the stock split.
• Stop Loss and Take Profit set on all AAPL open position will be DELETED.
If you have any questions or require any assistance, please contact our support team via Live Chat, email: [email protected], or phone 400 120 0576.
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