Has Salesforce split its stock? CRM's stock split history explained

As 1 of the world’s biggest tech companies, Salesforce (CRM) has revolutionized businesses by automating and centralizing their data.

Its unreality exertion provides businesses with a “360-degree view” of their sales, lawsuit service, and selling operations, helping them collaborate better, summation productivity, and go much profitable.

In 2024, Salesforce introduced “Agentforce,” a suite of AI agents that helps businesses “work smarter, beryllium much responsive, and physique amended relationships” with their customers—often without quality oversight.

Salesforce’s occurrence tin beryllium seen done its stock. Benzinga reported that CRM has generated an mean yearly instrumentality of 16.56% successful the past 20 years, which is 7.99% amended than the S&P 500.

In fact, if you had bought $1,000 worthy of shares 20 years ago, you’d beryllium sitting connected $20,797.11 successful precocious March 2026.

But dissimilar Apple (AAPL), Microsoft (MSFT), and different tech companies, Salesforce has lone executed 1 divided successful its 22-year history.

What does that mean for investors?

In April 2013, Salesforce announced a four-for-one (4:1) banal split, expanding the fig of authorized shares of CRM banal from 400 cardinal to 1.6 billion.

Shareholders connected grounds arsenic of April 3, 2013, received 3 further shares for each stock they owned.

This differs from Microsoft, which has divided its banal 9 times since its March 1986 IPO, and Apple, whose banal has divided  5 times since it went nationalist successful 1980. Even Oracle (ORCL), wherever Salesforce CEO Marc Benioff worked earlier co-founding his institution successful 1999, has divided its banal 10 times since its March 1987 IPO.

The question is, does it matter?

Related: What does Salesforce do? Who uses it & however it changed everything

Stock splits summation a company’s fig of shares outstanding portion lowering stock prices. This makes shares much affordable for idiosyncratic investors. It tin besides amended a stock’s liquidity and summation trading volume, often reducing volatility.

Stock splits besides nonstop a intelligence connection to Wall Street, signaling assurance successful a company’s future. This is due to the fact that banal splits typically hap aft a company’s banal terms has risen significantly, suggesting that absorption believes the upward inclination volition continue.

This often fuels short-term buying momentum.

Related: Is Salesforce a bully semipermanent investment? Its buy-and-hold prospects explained

The happening is, a banal divided does not fundamentally alteration a company’s value. A communal analogy utilized is that a banal divided “cuts a pizza into much slices,” but you inactive person the aforesaid magnitude of pizza overall.

Dow institution histories:

• History of Microsoft: Company timeline & facts

• History of Coca-Cola: Timeline, facts & milestones

• History of Nike: Company timeline and facts

Companies had antecedently executed banal splits because, earlier the advent of automated trading systems, it wasn’t imaginable to acquisition fractional shares of a company’s stock. Back then, higher-priced ($1,000 oregon more) stocks were simply inaccessible to idiosyncratic investors — due to the fact that they’d request a expansive to acquisition a azygous share.

Interestingly, Berkshire Hathaway Class A (BRK.A) shares, which are considered the world’s astir costly stock, trading astir $703,000, person ne'er split. Berkshire did this to filter retired time traders and different short-term investors who aren’t aligned with the company’s semipermanent objectives.

At Berkshire Hathaway’s 1995 shareholder meeting, Warren Buffett himself explained that splitting the banal “would get a shareholder basal that would not person the level of sophistication and the synchronization of objectives with america that we person now.”

But portion banal splits are little communal contiguous than they were, say, successful the 1990s, the signifier has started making a comeback successful caller years. CNBC reported that this whitethorn beryllium due to the fact that “the terms of immoderate stocks reached absurd levels,” specified arsenic Chipotle (CMG), which traded supra $3,000 per stock earlier splitting 50-for-1 successful June 2024. Or Nvidia (NVDA), which was astir $1,200 per stock earlier it divided 10-for-1 the aforesaid month.

Related: How galore employees does Salesforce person successful 2026? CRM’s workforce, locations & layoffs

This communicative was primitively published by TheStreet connected Mar 31, 2026, wherever it archetypal appeared successful the Investing section. Add TheStreet arsenic a Preferred Source by clicking here.