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 Video: What is a Stock Split?
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| An international banking company which offers a range of banking products and financial services on a global basis. According to our ABN split history records, ABN has had 1 split. | |
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ABN (ABN) has 1 split in our ABN split history database. The split for ABN took place on May 13, 1997. This was a 4 for 1
split, meaning for each share of ABN owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split.
When a company such as ABN 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 ABN split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ABN shares, starting with a $10,000 purchase of ABN, presented on a split-history-adjusted basis factoring in the complete ABN split history.
ABN -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 05/13/1997 | 4 for 1
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