Will Apple Stock Split in 2022? Seems Unlikely Right Now
Apple Stock Has Gone up a Lot in the Past 10 Year's, Which Sometimes Can Prompt Stock Splits to Bring Down the Price per Share. However, Apple Hasn't Announced...
Apple stock has gone up a lot in the past 10 years, which sometimes can prompt stock splits to bring down the price per share. However, Apple hasn't announced a stock split for 2022.
When a company’s share price grows rapidly and continuously, investors begin to wonder if that company will choose to undergo a stock split. A stock split, which increases the number of shares without adjusting the volume of shares, makes stocks more affordable to a greater number of investors. Following rapid share price increases, will Apple stock split in 2022?
In February, Apple’s price was eight times higher than 10 years ago. That kind of growth can prompt analysts and investors to consider whether a stock split would benefit the company. Apple executives would need to decide if a stock split would draw in more investors, and how that could impact future growth.
Apple stock has split five times in its history.
Since the company first went public, Apple has had five stock splits. The stock splits took place in 1987, 2000, 2005, 2014, and 2020.
June 16, 1987: 2-for-1 stock split
June 21, 2000: 2-for-1 stock split
February 28, 2005: 2-for-1 stock split
June 9, 2014: 7-for-1 stock split
August 28, 2020: 4-for-1 stock split
Given that Apple had its last stock split fairly recently in 2020, the company may not be eager to do another stock split just yet.
There have been doubts that Apple will split its stock anytime soon. Its price is about $158 as of March 10, which is closer to the range that Amazon will be if it follows through with the 20-for-1 split.
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Amazon and Google both announced 20-for-1 stock splits this year.
If Apple were to have another stock split in 2022, it would join other companies in the top 10 of the Fortune 500. Google and Amazon announced stock splits on a 20-for-1 basis this year. However, Apple hasn’t announced plans for a stock split.
On February 1, 2022, a Google stock split was announced on a 20-for-1 basis, to result in every share prior to the split being worth 20 shares after the split. Google’s Alphabet decided to split the stock in order to make shares more accessible to investors, CFO Ruth Parat stated.