Has Meta ever had a stock split? What sets this 'Mag 7' stock apart

According to TheStreet, Meta Platforms (META) shares many traits with its "Magnificent 7" peers: it's a tech giant with a market cap exceeding $1 trillion, and its stock has dramatically outperformed the S&P 500 over the past decade. However, there is one key difference: Meta has never conducted a stock split.

Details

All other Magnificent 7 companies — Nvidia (NVDA), Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Amazon (AMZN), and Tesla (TSLA) — have split their shares at least once. For example, Nvidia executed a 10-for-1 split in June 2024, Apple did a 4-for-1 split in August 2020, and Alphabet completed a 20-for-1 split in July 2022. In contrast, Meta has not split its shares since its IPO in 2012.

Context

A stock split is a corporate action that increases the number of outstanding shares by dividing each share into multiple shares, lowering the stock price without changing market capitalization. It is often used to make the stock more affordable for retail investors. Meta's stock currently trades above $500, which is higher than most Magnificent 7 stocks after their splits.

What It Means for Investors

Meta may not need a stock split because its share price is not exceptionally high compared to some other companies, or it may prefer to maintain a high stock price as a signal of value. Ultimately, the decision rests with the board of directors, and no plans have been announced.