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 Video: What is a Stock Split?
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| Allergan is a pharmaceutical company focused on developing, manufacturing and commercializing pharmaceutical, device, biologic, surgical and regenerative medicine products for patients around the world. Co. has three segments: United States Specialized Therapeutics, which includes products within the United States, including Medical Aesthetics, Medical Dermatology Eye Care and Neuroscience and Urology therapeutic products; United States General Medicine, which includes products within the United States that do not fall into the United States Specialized Therapeutics business units, including Central Nervous System; and International, which includes products sold outside the United States. According to our AGN split history records, AGN has had 2 splits. | |
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AGN (AGN) has 2 splits in our AGN split history database. The first split for AGN took place on December 10, 1999. This was a 2 for 1
split, meaning for each share of AGN 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. AGN's second split took place on June 25, 2007. This was a 2 for 1 split, meaning for each share of AGN 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.
When a company such as AGN 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 AGN split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AGN shares, starting with a $10,000 purchase of AGN, presented on a split-history-adjusted basis factoring in the complete AGN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
05/08/2020 |
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| Start price/share: |
$243.39 |
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| End price/share: |
$193.02 |
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| Starting shares: |
41.09 |
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| Ending shares: |
43.51 |
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| Dividends reinvested/share: |
$10.12 |
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| Total return: |
-16.01% |
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| Average Annual Total Return: |
-3.07% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,400.68 |
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| Years: |
5.59 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
05/08/2020 |
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| Start price/share: |
$243.39 |
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| End price/share: |
$193.02 |
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| Dividends collected/share: |
$10.12 |
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| Total return: |
-16.54% |
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| Average Annual Total Return: |
-3.18% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,347.53 |
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| Years: |
5.59 |
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| Date |
Ratio |
| 12/10/1999 | 2 for 1
| | 06/25/2007 | 2 for 1 |
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