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Appleâs Board of Directors has authorized a $140 billion share repurchase program that is expected to be completed by the end of March 2017.
Given that when Apple split its shares last, it didn't do it until the stock hit $700, a stock split is probably the last thing on the board's mind with shares currently trading at about $175. Apple's need for so many stock splits over the years is a testament to its market-crushing return.