“Apple appears to have posted a Frequently Asked Questions on Stock Splits. It’s not clear if this is a new post, a search on Google shows it last cashed at 17 Feb 2013 and it doesn’t appear to have changed since then,” Karen Haslam reports for Macworld UK.
The company explains that there have been three 2-for1 stock splits in Apple history.
• 15 June, 1987
• 21 June 2000
• 28 February 2005
Haslam reports, “According to Forbes, Apple couldn’t split its stock. As Forbes explains: ‘Based on the number of shares issued at about 940 million and only having authorization to issue 1.8 billion shares the company could not even execute a 2 for 1 split.'”
Read more in the full article here.