Apple has undergone a total of five stock splits since its initial public offering in 1980. The most recent split was a 4-for-1 split on August 31, 20201. Prior to that, Apple had executed three 2-for-1 splits in 1987, 2000, and 2005, a 7-for-1 split in 2014, and a 4-for-1 split in 202012. These splits have occurred when the company's share price reached significant milestones, and they are designed to make the stock more accessible to investors by reducing the price per share while maintaining the same ownership percentage for existing shareholders32.