Today. we will take a close look at  Exxon stock split history. 

Stock splits are somewhat common in the stock market.

They impact the number of shares that an investor is eligible to hold.

They also have a direct impact on the price of the stock itself.

Photo by Martin Adams on Unsplash 

We will also explore why a company like Exxon Mobil might be interested in splitting its stock.

In most cases of Exxon Mobil’s stock split history, the company has elected to conduct a 2-for-1 stock split.

This means that its stock price would be cut in half, while investors would double their shares.

The percentage of ownership does not change when a stock split occurs.

The only things that change are the number of outstanding shares and the price of the stock.

Reasons To Conduct A Stock Split

There are a couple of different reasons that a company might want to conduct a stock split.

One reason is that they might prefer to have more volume for their company stock, and they might be interested in having a stock split for that purpose.

In some cases, stock prices can get very high, and some investors cannot buy large amounts of a company’s stock.

To allow more types of investors to afford a stock, a company might conduct a stock split to cut the stock’s price.

Exxon Mobil – Stock Splits (Historically)

Exxon Mobil conducted its first 2-for-1 stock split on June 12th, 1951.

Five years later, the company elected to carry out another stock split, this time at a  3-for-1 ratio on February 10th, 1956.

It would be more than two decades before Exxon Mobil would decide to have another stock split in July of 1976.

They decided to hold a 2-for-1 stock split at this point and then another 2-for-1 stock split about five years later, in 1981.

In August of 1987, Exxon Mobil conducted another 2-for-1 stock split and then made their penultimate stock split up to this point, approximately ten years later in March of 1997.

Exxon Mobil’s last stock split took place on June 20th, 2001.

Final Thoughts

Exxon Mobil has always conducted a stock split when it believes that its stock price gets too high for average investors to afford.

With recent struggles in their company’s sector, its stock price hasn’t gotten to a level yet in the last decade to provide enough motivation for a stock split.

There’s no way to predict if Exxon Mobil will conduct a stock split within a specific timeframe, but historically it has occurred after the company believes that its stock price has become too expensive for a large number of average investors.