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Apple Stock Split History
1980-Present
Apple Inc. has split its stock 5 times since its initial public offering (IPO) in 1980. The most recent stock split occurred on August 31, 2020, when the company split its stock 4-for-1. This means that each share of Apple stock that was owned prior to the split was converted into four shares of Apple stock. The other four stock splits occurred on June 16, 1987, February 28, 1998, February 28, 2005, and June 9, 2014.
Impact of Stock Splits
Stock splits can have a number of benefits for companies and their shareholders. First, they can make the stock more affordable for individual investors. Second, they can increase the liquidity of the stock, making it easier to buy and sell. Third, stock splits can signal to the market that the company is confident in its future growth prospects. In Apple's case, all five of its stock splits have been followed by periods of strong share price appreciation.
Conclusion
Apple's stock split history is a testament to the company's long-term success. The company has consistently split its stock when it has believed that its shares were trading at a premium to their intrinsic value. This has allowed Apple to raise capital, make its stock more affordable for investors, and signal its confidence in its future growth prospects.
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