Apple Stock Split: A Look at the Company's History

Apple's Stock Split History

Apple has split its stock a total of six times since its initial public offering (IPO) in 1980. The first stock split occurred on June 16, 1987, when the company split its stock 2-for-1. This means that for every share of Apple stock that an investor owned, they received an additional share. The most recent stock split occurred on August 31, 2020, when the company split its stock 4-for-1.

The Benefits of a Stock Split

There are several benefits to a stock split. One benefit is that it can make the stock more affordable for investors. When a stock is split, the price per share is reduced, which can make it more attractive to investors who may not have been able to afford the stock before the split. Another benefit of a stock split is that it can increase liquidity. When a stock is split, the number of shares outstanding increases, which can make it easier for investors to buy and sell the stock.

Apple's Stock Split History

The following table shows Apple's stock split history: | Date | Split Ratio | |---|---| | June 16, 1987 | 2-for-1 | | June 9, 1997 | 2-for-1 | | February 28, 2000 | 2-for-1 | | February 13, 2005 | 2-for-1 | | June 9, 2014 | 7-for-1 | | August 31, 2020 | 4-for-1 |

Conclusion

Apple's stock split history is a testament to the company's long-term growth and success. The company's stock has consistently split over the years, which has made it more affordable for investors and increased liquidity. As Apple continues to grow, it is likely that the company will continue to split its stock in the future.