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Video: What is a Stock Split?
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The AES Corporation is an energy company. Co. operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies. The Renewables segment includes solar, wind, energy storage, hydro, biomass, and landfill gas generation facilities. The Utilities segment includes AES Indiana, AES Ohio, and AES El Salvador regulated utilities and their generation facilities. The Energy Infrastructure segment includes natural gas, liquefied natural gas, coal, pet-coke, diesel and oil generation facilities, and its businesses in Chile, which have a mix of generation sources, including renewables. According to our AES split history records, AES has had 4 splits. | |
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AES (AES) has 4 splits in our AES split history database. The first split for AES took place on February 01, 1994. This was a 3 for 2
split, meaning for each 2
shares of AES 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. AES's second split took place on August 29, 1997. This was a 2 for 1
split, meaning for each share of AES owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. AES's third split took place on June 02, 2000. This was a 2 for 1
split, meaning for each share of AES owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. AES's 4th split took place on March 04, 1994. This was a 103 for 100 split, meaning for each 100 shares of AES owned pre-split, the shareholder now owned 103 shares. For example, a 6000 share position pre-split, became a 6180 share position following the split.
When a company such as AES 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 AES split history from start to finish, an original position size of 1000 shares would have turned into 6180 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AES shares, starting with a $10,000 purchase of AES, presented on a split-history-adjusted basis factoring in the complete AES split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/23/2015 |
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End date: |
01/21/2025 |
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Start price/share: |
$12.68 |
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End price/share: |
$11.75 |
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Starting shares: |
788.64 |
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Ending shares: |
1,115.66 |
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Dividends reinvested/share: |
$5.55 |
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Total return: |
31.09% |
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Average Annual Total Return: |
2.74% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,104.72 |
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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: |
01/23/2015 |
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End date: |
01/21/2025 |
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Start price/share: |
$12.68 |
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End price/share: |
$11.75 |
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Dividends collected/share: |
$5.55 |
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Total return: |
36.45% |
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Average Annual Total Return: |
3.16% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,650.56 |
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Years: |
10.00 |
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Date |
Ratio |
02/01/1994 | 3 for 2
| 08/29/1997 | 2 for 1
| 06/02/2000 | 2 for 1
| 03/04/1994 | 103 for 100 |
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