9 Best Of Direct Stock Purchase Apple Best Resolution Image. Let’s assume that as of the record date (august 24, 2020) an investor owns 100 shares of apple common stock and that the market price of apple stock is $400 per share, so that the investment in apple is worth $40,000. You can do your purchase though their plan administrator, computershare.
That's because it takes ownership of only a single share of company stock to establish an account. The plan they offer allows investor to have optional cash investments and the sale of their plan shares. The exact process will vary depending.
With the constant improvement of products and push for top quality, apple may be a good company to purchase stock in.
By “direct” stock purchase program, i assume you talking about buying stock directly from apple, as opposed to on the “open” market. Plan automatically renews until cancelled. Other companies handle the stock sale directly. Not all companies listed on the stock exchanges offer these plans, but major industries are represented by a range of participating.
