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 Video: What is a Stock Split?
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| Adobe provides products and services used for creating, managing, delivering, measuring, optimizing, engaging and transacting with content. Co.'s segments are: Digital Media, which enables individuals, teams and enterprises to create, publish and promote content; Digital Experience, which provides applications and services through Adobe Experience Cloud that enable brands and businesses to create, manage, execute, measure, monetize and optimize customer experiences; and Publishing and Advertising, which includes eLearning solutions, technical document publishing, web conferencing, document and forms platform, web application development, printing, and its Adobe Advertising Cloud offerings. According to our ADBE split history records, Adobe has had 5 splits. | |
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Adobe (ADBE) has 5 splits in our ADBE split history database. The first split for ADBE took place on November 23, 1988. This was a 2 for 1
split, meaning for each share of ADBE 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. ADBE's second split took place on August 11, 1993. This was a 2 for 1
split, meaning for each share of ADBE 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. ADBE's third split took place on October 27, 1999. This was a 2 for 1
split, meaning for each share of ADBE 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. ADBE's 4th split took place on October 25, 2000. This was a 2 for 1 split, meaning for each share of ADBE 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. ADBE's 5th split took place on May 24, 2005. This was a 2 for 1 split, meaning for each share of ADBE 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.
When a company such as Adobe 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 ADBE split history from start to finish, an original position size of 1000 shares would have turned into 32000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Adobe shares, starting with a $10,000 purchase of ADBE, presented on a split-history-adjusted basis factoring in the complete ADBE split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/03/2013 |
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| End date: |
12/01/2023 |
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| Start price/share: |
$56.40 |
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| End price/share: |
$612.47 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
985.94% |
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| Average Annual Total Return: |
26.93% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$108,553.24 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 11/23/1988 | 2 for 1
| | 08/11/1993 | 2 for 1
| | 10/27/1999 | 2 for 1
| | 10/25/2000 | 2 for 1 | | 05/24/2005 | 2 for 1 |
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