Top Companies that Split their Stocks in 2023
Stock splits are a common occurrence in the financial world and can have various implications for investors. Here are some of the big companies that split their stocks this year:
- Apple (AAPL) – Apple announced a 4-for-1 stock split in August 2020, which was executed in August 2023. This means that for every share of Apple stock owned, shareholders received three additional shares. Stock splits are often seen as a positive sign by investors, as they can make shares more affordable and attract more retail investors.
- Tesla (TSLA) – Tesla also announced a 5-for-1 stock split in August 2020, which took effect in August 2023. The split made Tesla shares more accessible to a broader range of investors, potentially increasing liquidity and trading volume.
- Google (GOOGL) – Google’s parent company, Alphabet, announced a 20-for-1 stock split in July 2023. This move was aimed at giving investors more flexibility and making the stock more attractive to retail investors.
Overall, stock splits can be a positive development for companies and their shareholders. They can increase liquidity, attract more investors, and potentially boost the stock price in the long run.