Nike Stock Splits and Share Price

Nike has a history of adjusting its stock split to keep its share price attractive to investors. The company's first stock split occurred in 1983, when it split its shares 2-for-1. This move reduced the price of its stock to around $10 per share.

In 1992, Nike split its stock 2-for-1 again, lowering the price to around $5 per share. This split helped to increase the number of shares outstanding, making the stock more accessible to a wider range of investors.

Nike's most recent stock split occurred in 2015, when it split its shares 2-for-1 for the fourth time. This move reduced the price of its stock to around $60 per share.

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Nike has a history of stock splits, with seven 2-for-1 splits over the years. This means that if you had bought a single Nike stub in 1980 and held on to it until October 2024, you'd have 128 shares in your pocket.

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The first stock split occurred in 1980, and since then, the company has split its stock multiple times to make it more accessible to individual investors. The stock price was about $23 per share on Nike's first market day, but with reinvested dividends, a single share of 1980 Nike stock is now worth about $17,300.

Nike's latest stock split was performed just before the holidays of 2015, but the company has underperformed the S&P 500 market index since then. This makes Nike an unlikely candidate for more stock splits anytime soon.

In 2015, Nike also authorized a US$12b in share buybacks and split its shares 2-for-1, with the stock split taking the form of a 100% stock dividend payable on Dec 23 to holders as of Dec 9.

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