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Video: What is a Stock Split?
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Abbott Laboratories is engaged in the discovery, development, manufacture, and sale of a line of health care products. Co. has four segments: Established Pharmaceutical Products, which includes a line of generic pharmaceuticals; Diagnostic Products, which includes a line of diagnostic systems and tests; Nutritional Products, which includes a line of pediatric and adult nutritional products; and Medical Devices, which includes a line of rhythm management, electrophysiology, heart failure, vascular and structural heart devices for the treatment of cardiovascular diseases, and diabetes care products, as well as neuromodulation devices for the management of chronic pain and movement disorders. According to our ABT split history records, Abbott Laboratories has had 10 splits. | |
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Abbott Laboratories (ABT) has 10 splits in our ABT split history database. The first split for ABT took place on April 27, 1964. This was a 2 for 1
split, meaning for each share of ABT 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. ABT's second split took place on August 25, 1975. This was a 2 for 1
split, meaning for each share of ABT 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. ABT's third split took place on May 22, 1978. This was a 2 for 1
split, meaning for each share of ABT 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. ABT's 4th split took place on May 29, 1981. This was a 2 for 1
split, meaning for each share of ABT 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. ABT's 5th split took place on June 02, 1986. This was a 2 for 1
split, meaning for each share of ABT owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split. ABT's 6th split took place on June 01, 1990. This was a 2 for 1
split, meaning for each share of ABT owned pre-split, the shareholder now owned 2 shares. For example, a 32000 share position pre-split, became a 64000 share position following the split. ABT's 7th split took place on June 01, 1992. This was a 2 for 1
split, meaning for each share of ABT owned pre-split, the shareholder now owned 2 shares. For example, a 64000 share position pre-split, became a 128000 share position following the split. ABT's 8th split took place on June 01, 1998. This was a 2 for 1
split, meaning for each share of ABT owned pre-split, the shareholder now owned 2 shares. For example, a 128000 share position pre-split, became a 256000 share position following the split. ABT's 9th split took place on January 02, 2013. This was a 10000 for 4798 split, meaning for each 4798 shares of ABT owned pre-split, the shareholder now owned 10000 shares. For example, a 256000 share position pre-split, became a 533555.648186745 share position following the split. ABT's 10th split took place on May 03, 2004. This was a 10000 for 9356 split, meaning for each 9356 shares of ABT owned pre-split, the shareholder now owned 10000 shares. For example, a 533555.648186745 share position pre-split, became a 570281.795838761 share position following the split.
When a company such as Abbott Laboratories 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 ABT split history from start to finish, an original position size of 1000 shares would have turned into 570281.795838761 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Abbott Laboratories shares, starting with a $10,000 purchase of ABT, presented on a split-history-adjusted basis factoring in the complete ABT split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
11/04/2014 |
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End date: |
11/01/2024 |
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Start price/share: |
$43.61 |
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End price/share: |
$118.60 |
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Starting shares: |
229.31 |
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Ending shares: |
277.43 |
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Dividends reinvested/share: |
$14.82 |
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Total return: |
229.03% |
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Average Annual Total Return: |
12.65% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$32,898.06 |
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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: |
11/04/2014 |
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End date: |
11/01/2024 |
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Start price/share: |
$43.61 |
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End price/share: |
$118.60 |
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Dividends collected/share: |
$14.82 |
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Total return: |
205.94% |
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Average Annual Total Return: |
11.83% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$30,580.90 |
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Years: |
10.00 |
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Date |
Ratio |
04/27/1964 | 2 for 1
| 08/25/1975 | 2 for 1
| 05/22/1978 | 2 for 1
| 05/29/1981 | 2 for 1
| 06/02/1986 | 2 for 1
| 06/01/1990 | 2 for 1
| 06/01/1992 | 2 for 1
| 06/01/1998 | 2 for 1
| 01/02/2013 | 10000 for 4798 | 05/03/2004 | 10000 for 9356 |
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