Apple's stock split history: Everything you need to know

Core Insights - Apple's market capitalization is in the trillions of dollars, and the company has opted for stock splits to make shares more affordable for individual investors [1] - A history of Apple's stock splits shows that the company has conducted five splits in total as of mid-March 2026 [4] Stock Split History - The first stock split occurred on June 16, 1987, as a 2-for-1 split, doubling the number of shares while halving the price [3] - Subsequent splits include a second 2-for-1 split on June 21, 2000, another 2-for-1 split on February 28, 2005, a 7-for-1 split on June 9, 2014, and a 4-for-1 split on August 31, 2020 [8] Impact of Stock Splits - Stock splits increase the number of shares outstanding, which lowers the absolute price of the stock while maintaining market capitalization [4] - The lower price resulting from stock splits allows retail investors to purchase more shares, making the stock more accessible [6] - Increased shares also enable the company to offer shares to employees and repurchase stock to enhance earnings per share [5] Approval Process - Stock splits are typically approved by Apple's board of directors and require a vote from stockholders at the company's annual meeting [7]