 |
 Video: What is a Stock Split?
|
|
|
| Arctic Cat designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles (ATVs) and recreational off-highway vehicles (side-by-sides or ROVs), as well as related parts, garments and accessories. Co.'s products include: Snowmobiles, which produces a line of snowmobiles; ATVs, which has two rider models that provide an alternative for customers that want to ride double on an ATV; ROVs, which includes a rear cargo box, dual bucket seats as well as its renowned long travel suspension and ride characteristics; and Parts, Garments and Accessories, which is a provider of genuine Arctic Cat Snowmobile, ATV and ROV parts, garments and accessories. According to our ACAT split history records, ACAT has had 2 splits. | |
|
ACAT (ACAT) has 2 splits in our ACAT split history database. The first split for ACAT took place on April 27, 1993. This was a 3 for 2
split, meaning for each 2
shares of ACAT 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. ACAT's second split took place on September 06, 1994. This was a 3 for 2
split, meaning for each 2
shares of ACAT owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as ACAT 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 ACAT split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ACAT shares, starting with a $10,000 purchase of ACAT, presented on a split-history-adjusted basis factoring in the complete ACAT split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/10/2014 |
|
| End date: |
03/06/2017 |
|
| Start price/share: |
$31.23 |
|
| End price/share: |
$18.50 |
|
| Starting shares: |
320.20 |
|
| Ending shares: |
327.18 |
|
| Dividends reinvested/share: |
$0.62 |
|
| Total return: |
-39.47% |
|
| Average Annual Total Return: |
-18.84% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$6,052.35 |
|
| Years: |
2.41 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/10/2014 |
|
| End date: |
03/06/2017 |
|
| Start price/share: |
$31.23 |
|
| End price/share: |
$18.50 |
|
| Dividends collected/share: |
$0.62 |
|
| Total return: |
-38.76% |
|
| Average Annual Total Return: |
-18.44% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$6,124.35 |
|
| Years: |
2.41 |
|
|
|
| Date |
Ratio |
| 04/27/1993 | 3 for 2
| | 09/06/1994 | 3 for 2
|
|
|
Free ACAT Email Alerts:
