Oh, and the stock is so high that a share from 19967 that cost $8 then is now worth more than $43, 000 A lot of money (misremembered the number of AAPL splits.

A corporation may split its stock by increasing the number of outstanding shares of common stock and reducing the par or stated value per share in proportion.

Because of increasing the number of common shares and decreasing the price per share, they are regarded as the same kind of actions as the stock dividend and stock splits in American stock market.