International Business Machines Corp (IBM) Stock Split History

International Business Machines Corp has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on May 29, 1973 with the ratio of 5-for-4, meaning that for 4 shares of IBM owned pre-split, shareholders then owned 5 shares. 4 more splits have been implemented since then. The most recent stock split took place on November 04, 2021 on a 1046-for-1000 basis.

These splits have increased IBM 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 International Business Machines Corp's total market capitalization.

For more detailed information of International Business Machines Corp's stock splits, view the table below:

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