KRX:011780 2 February 2026

March 15, 2026, 11:35 AM EDT. Apple has executed five stock splits since its IPO, including the notable 7-for-1 split in 2014 and a 4-for-1 split in 2020. Stock splits double or multiply the number of shares outstanding while reducing share price proportionally, making stocks more accessible to retail investors. For example, before the 2014 split, Apple's shares traded near $650; post-split, they adjusted to roughly $93 per share. Without these splits, Apple's share price today would be exponentially higher, multiplying the current share price by factors of 2, 2, 7, and 4 corresponding to each split. The board approves splits to encourage shareholder participation and maintain liquidity, later ratified by shareholders.