3M Co. (MMM) Stock Split History

3M Co. has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on June 16, 1972 with the ratio of 2-for-1, meaning that for 1 share of MMM owned pre-split, shareholders then owned 2 shares. 4 more splits have been implemented since then. The most recent stock split took place on April 01, 2024 on a 1196-for-1000 basis.

These splits have increased MMM stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on 3M Co.'s total market capitalization.

For more detailed information of 3M Co.'s stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. 3M Co. has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when MMM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by 3M Co.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.