On Friday, Apple filed a brief notice with the US Securities and Exchange Commission making official the 7-to-1 stock split announced earlier this year. As of the closing of the market on June 2, all stockholders of record will receive seven shares for every share they held, once split-adjusted trading resumes on Monday, June 9. The move increases the total issuance of common stock in Apple from 1.8 billion shares to 12.6 billion shares, thus creating 10.6 billion new shares. AAPL closed at just $645.57 per share on Friday, near it’s 52-week high….
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