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 Video: What is a Stock Split?
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| ACNB Corporation is a financial holding company. Co.'s banking operations are conducted through its subsidiary, ACNB Bank (the Bank). The Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 26 community banking offices and three loan offices located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. Co.'s non-banking subsidiary, ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 44 states. According to our ACNB split history records, ACNB has had 2 splits. | |
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ACNB (ACNB) has 2 splits in our ACNB split history database. The first split for ACNB took place on November 29, 2006. This was a 105 for 100 split, meaning for each 100 shares of ACNB owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. ACNB's second split took place on November 28, 2007. This was a 105 for 100 split, meaning for each 100 shares of ACNB owned pre-split, the shareholder now owned 105 shares. For example, a 1050 share position pre-split, became a 1102.5 share position following the split.
When a company such as ACNB 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 ACNB split history from start to finish, an original position size of 1000 shares would have turned into 1102.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ACNB shares, starting with a $10,000 purchase of ACNB, presented on a split-history-adjusted basis factoring in the complete ACNB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
12/06/2024 |
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| Start price/share: |
$20.73 |
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| End price/share: |
$46.74 |
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| Starting shares: |
482.39 |
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| Ending shares: |
666.42 |
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| Dividends reinvested/share: |
$9.76 |
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| Total return: |
211.48% |
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| Average Annual Total Return: |
12.03% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$31,141.77 |
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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: |
12/09/2014 |
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| End date: |
12/06/2024 |
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| Start price/share: |
$20.73 |
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| End price/share: |
$46.74 |
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| Dividends collected/share: |
$9.76 |
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| Total return: |
172.55% |
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| Average Annual Total Return: |
10.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$27,263.87 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 11/29/2006 | 105 for 100 | | 11/28/2007 | 105 for 100 |
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