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Fifth Stock Split
A 4-for-1 split is conducted amid a surge in retail trading and high valuation growth.
Largest Split (7-for-1)
Apple executes its largest split ever, widely seen as a precursor to joining the Dow Jones Industrial Average.
Third Stock Split
Another 2-for-1 split follows the early success of the iPod and iTunes.
Second Stock Split
A 2-for-1 split is conducted during the height of the dot-com era.
First Stock Split
Apple executes its first 2-for-1 stock split to increase retail accessibility.
Apple has executed five strategic stock splits since 1987 to maintain liquidity and ensure its shares remain accessible to retail investors. These maneuvers have played a critical role in the company's capital structure, facilitating employee equity programs and massive share buyback initiatives.