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 Video: What is a Stock Split?
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| General Mills is a manufacturer and marketer of branded consumer foods. Co.'s business is focused on snacks, ready-to-eat cereal, convenient meals, wholesome natural pet food, refrigerated and frozen dough, baking mixes and ingredients, yogurt, and ice cream categories. Co.'s segments include: North America Retail, which reflects business with a variety of grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, convenience stores, and e-commerce grocery providers; International, which reflects retail and foodservice business outside of the U.S. and Canada; and Pet, which includes pet food products sold primarily in the U.S. and Canada. According to our GIS split history records, General Mills has had 5 splits. | |
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General Mills (GIS) has 5 splits in our GIS split history database. The first split for GIS took place on November 10, 1986. This was a 2 for 1
split, meaning for each share of GIS owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. GIS's second split took place on November 08, 1990. This was a 2 for 1
split, meaning for each share of GIS owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. GIS's third split took place on November 09, 1999. This was a 2 for 1
split, meaning for each share of GIS owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. GIS's 4th split took place on June 09, 2010. This was a 2 for 1 split, meaning for each share of GIS owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. GIS's 5th split took place on May 30, 1995. This was a 10000 for 8265 split, meaning for each 8265 shares of GIS owned pre-split, the shareholder now owned 10000 shares. For example, a 16000 share position pre-split, became a 19358.7416817907 share position following the split.
When a company such as General Mills splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the GIS split history from start to finish, an original position size of 1000 shares would have turned into 19358.7416817907 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into General Mills shares, starting with a $10,000 purchase of GIS, presented on a split-history-adjusted basis factoring in the complete GIS split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$52.19 |
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| End price/share: |
$69.09 |
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| Starting shares: |
191.61 |
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| Ending shares: |
268.23 |
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| Dividends reinvested/share: |
$19.83 |
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| Total return: |
85.32% |
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| Average Annual Total Return: |
6.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,540.36 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$52.19 |
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| End price/share: |
$69.09 |
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| Dividends collected/share: |
$19.83 |
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| Total return: |
70.38% |
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| Average Annual Total Return: |
5.47% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,030.45 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 11/10/1986 | 2 for 1
| | 11/08/1990 | 2 for 1
| | 11/09/1999 | 2 for 1
| | 06/09/2010 | 2 for 1 | | 05/30/1995 | 10000 for 8265 |
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