Apple Stock Split History: A History of Shareholder Rewards

Unlocking Value, Rewarding Shareholders

Apple has a long history of rewarding its shareholders through stock splits, a move that effectively makes a company's stock more accessible to a wider range of investors. Since its initial public offering (IPO) in 1980, Apple has executed six stock splits, providing significant returns to its loyal investors.

Historical Splits: A Timeline

Here's a timeline of Apple's stock splits:

• June 16, 1987: 2-for-1 split
• June 19, 1997: 2-for-1 split
• February 28, 2000: 2-for-1 split
• February 28, 2005: 2-for-1 split
• June 9, 2014: 7-for-1 split
• August 31, 2020: 4-for-1 split

Benefits of Stock Splits

Stock splits offer several benefits to companies and investors alike:

• Increased liquidity: Splits make a company's shares more affordable, increasing trading volume and liquidity.
• Wider investor base: By lowering the share price, companies can attract a broader range of investors, including smaller retail investors.
• Positive market perception: Stock splits are often seen as a sign of financial strength and confidence, boosting investor sentiment.

Apple's Impact: A Millionaire-Making Return

Apple's stock splits have had a profound impact on shareholder returns. If an investor had purchased 100 shares of Apple in 1980 at the IPO price of $22, their investment would have been worth over $26 million today, assuming they held through all the stock splits.

Apple's consistent stock splits over the years have been a testament to its strong financial performance and commitment to shareholder value. As the company continues to grow and innovate, it is likely that it will continue to reward its loyal investors with future stock splits.