Snap-on, Inc. (SNA) Stock Split History

Snap-on, Inc. has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on June 19, 1972 with the ratio of 3-for-1, meaning that for 1 share of SNA owned pre-split, shareholders then owned 3 shares. 3 more splits have been implemented since then. The most recent stock split took place on September 11, 1996 on a 3-for-2 basis.

These splits have increased SNA 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 Snap-on, Inc.'s total market capitalization.

For more detailed information of Snap-on, Inc.'s stock splits, view the table below:

SNA stock split list

Date	Split Ratio
1996-09-11	3 - for - 2
1986-07-28	2 - for - 1
1979-05-14	2 - for - 1
1972-06-19	3 - for - 1

Will Snap-on, Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Snap-on, Inc. 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 SNA stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Snap-on, Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
SNA	1996-09-11	3 - for - 2
SWK	1996-06-04	2 - for - 1
LECO	2011-06-01	2 - for - 1
TTC	2016-09-19	2 - for - 1
TKR	1997-06-02	2 - for - 1
KMT	2007-12-19	2 - for - 1
EML	2006-10-18	3 - for - 2
SCX	1988-10-06	2 - for - 1
SCX	1988-10-06	2 - for - 1
CVR	1997-09-22	2 - for - 1
TBLT	2024-01-02	1 - for - 65