If you bought Starbucks stock at the IPO, here’s how many shares you’d own now

Starbucks (SBUX 1.72%) the stock rose this month after the company announced that the ex Chipotle CEO Brian Niccol is swapping burritos for beans. Under Niccol’s leadership, Chipotle’s stock has risen nearly 800%, and now investors are eager to see if he can give Starbucks another shot at success.

If you’ve been holding Starbucks stock since the IPO, you’re probably even more excited about what’s in store for the coffee giant. Thanks to several stock splits over the years, the number of Starbucks shares in your account has grown. And if the stock price continues to rise, your shares could be worth a penny.

Breaking into Starbucks stock split record

On June 26, 1992, Microsoft debuted as a public company on Nasdaq at an initial public offering of $17 per share. Since then, the coffee powerhouse has executed six 2-for-1 stock splits.

While there’s a lot of buzz around stock splits, they don’t fundamentally change the value of your investment. You’ll just have more shares in your account at a lower price per share. For example, if Starbucks declared a 2-for-1 stock split and you had one share worth $100, you would end up with two shares worth $50 each.

Here’s a snapshot of the Starbucks stock split timeline.

Data source: Starbucks. Table by author.

If you owned one Starbucks share at the time of the IPO, you would now own 64 shares after those six stock splits. And during that time, the stock price has risen from $17 at IPO to $92.43 as of August 22, 2024.

If Niccol can replicate his Chipotle success at Starbucks and push the stock price to new heights, investors could be in for a rewarding ride.