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 Video: What is a Stock Split?
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| Aaron's is a provider of lease-to-own (LTO) and purchase solutions of furniture, appliances, consumer electronics, and accessories. Through its portfolio of stores and its Aarons.com e-commerce platform, Co. provides consumers with LTO and purchase solutions for the products they need and want. In addition, Co. provides a product selection, free prompt delivery, product setup, service and returns, and the ability to pause, cancel or resume lease contracts at any time with no penalty to the customer. According to our AAN split history records, Aarons has had 1 split. | |
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Aarons (AAN) has 1 split in our AAN split history database. The split for AAN took place on April 16, 2010. This was a 3 for 2 split, meaning for each 2 shares of AAN owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Aarons 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 AAN split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Aarons shares, starting with a $10,000 purchase of AAN, presented on a split-history-adjusted basis factoring in the complete AAN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/12/2014 |
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| End date: |
09/10/2024 |
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| Start price/share: |
$25.60 |
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| End price/share: |
$10.06 |
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| Starting shares: |
390.62 |
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| Ending shares: |
451.52 |
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| Dividends reinvested/share: |
$2.37 |
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| Total return: |
-54.58% |
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| Average Annual Total Return: |
-7.59% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$4,540.42 |
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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: |
09/12/2014 |
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| End date: |
09/10/2024 |
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| Start price/share: |
$25.60 |
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| End price/share: |
$10.06 |
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| Dividends collected/share: |
$2.37 |
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| Total return: |
-51.44% |
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| Average Annual Total Return: |
-6.97% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$4,854.50 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/16/2010 | 3 for 2 |
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