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Video: What is a Stock Split?
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Anchor BanCorp Wisconsin is a savings and loan holding company. Through its banking subsidiary, AnchorBank, fsb (the Bank), Co. provides range of financial services, including cash management, working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, other forms of asset-based financing, construction and multi-family mortgage loans, commercial real estate and commercial loans. Co. also provides a range of consumer banking services. Co.'s market area is focused on Wisconsin's greater Madison, Fox Valley and suburban Milwaukee regions. As of Dec 31 2014, Co. had total assets of $2.08 billion and total deposits of $1.81 billion. According to our ABCW split history records, ABCW has had 3 splits. | |
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ABCW (ABCW) has 3 splits in our ABCW split history database. The first split for ABCW took place on October 30, 1995. This was a 5 for 4
split, meaning for each 4
shares of ABCW owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. ABCW's second split took place on August 18, 1997. This was a 2 for 1
split, meaning for each share of ABCW owned pre-split, the shareholder now owned 2 shares. For example, a 1250 share position pre-split, became a 2500 share position following the split. ABCW's third split took place on August 25, 1998. This was a 2 for 1
split, meaning for each share of ABCW owned pre-split, the shareholder now owned 2 shares. For example, a 2500 share position pre-split, became a 5000 share position following the split.
When a company such as ABCW 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 ABCW split history from start to finish, an original position size of 1000 shares would have turned into 5000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ABCW shares, starting with a $10,000 purchase of ABCW, presented on a split-history-adjusted basis factoring in the complete ABCW split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
10/28/2016 |
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Start price/share: |
$33.81 |
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End price/share: |
$47.86 |
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Dividends collected/share: |
$0.00 |
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Total return: |
41.56% |
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Average Annual Total Return: |
21.73% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,154.94 |
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Years: |
1.77 |
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Date |
Ratio |
10/30/1995 | 5 for 4
| 08/18/1997 | 2 for 1
| 08/25/1998 | 2 for 1
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