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 Video: What is a Stock Split?
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| Retail food and drug chain that operates combination food-drug stores stand-alone drugstores and conventional and warehouse stores. Its retail operations are supported by its distribution centers that provide products exclusively to its retail stores. According to our ABS split history records, ABS has had 3 splits. | |
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ABS (ABS) has 3 splits in our ABS split history database. The first split for ABS took place on October 05, 1987. This was a 2 for 1
split, meaning for each share of ABS 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. ABS's second split took place on June 27, 1990. This was a 2 for 1
split, meaning for each share of ABS 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. ABS's third split took place on October 05, 1993. This was a 2 for 1
split, meaning for each share of ABS 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.
When a company such as ABS 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 ABS split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ABS shares, starting with a $10,000 purchase of ABS, presented on a split-history-adjusted basis factoring in the complete ABS split history.
ABS -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 10/05/1987 | 2 for 1
| | 06/27/1990 | 2 for 1
| | 10/05/1993 | 2 for 1
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