diff --git a/pandas/core/internals/blocks.py b/pandas/core/internals/blocks.py
index cffb1f658a640..8fd6403bca574 100644
--- a/pandas/core/internals/blocks.py
+++ b/pandas/core/internals/blocks.py
@@ -651,6 +651,7 @@ def copy(self, deep: bool = True) -> Self:
             values = values.copy()
             refs = None
         else:
+            values = values.view()
             refs = self.refs
         return type(self)(values, placement=self._mgr_locs, ndim=self.ndim, refs=refs)
 
@@ -658,9 +659,8 @@ def copy(self, deep: bool = True) -> Self:
     # Copy-on-Write Helpers
 
     def _maybe_copy(self, inplace: bool) -> Self:
-        if inplace:
-            deep = self.refs.has_reference()
-            return self.copy(deep=deep)
+        if inplace and not self.refs.has_reference():
+            return self
         return self.copy()
 
     @final