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 Video: What is a Stock Split?
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| AAR Corp. is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Co. supports commercial and government customers through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. The Parts Supply segment primarily consists of its sales of used serviceable engine and airframe parts and components and distribution of new parts. The Repair & Engineering segment primarily consists of its maintenance, repair, and overhaul services across airframes and components, including landing gear. According to our AIR split history records, AAR has had 3 splits. | |
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AAR (AIR) has 3 splits in our AIR split history database. The first split for AIR took place on February 11, 1986. This was a 3 for 2
split, meaning for each 2
shares of AIR 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. AIR's second split took place on October 27, 1987. This was a 3 for 2
split, meaning for each 2
shares of AIR 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. AIR's third split took place on February 24, 1998. This was a 3 for 2
split, meaning for each 2
shares of AIR owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split.
When a company such as AAR 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 AIR split history from start to finish, an original position size of 1000 shares would have turned into 3375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AAR shares, starting with a $10,000 purchase of AIR, presented on a split-history-adjusted basis factoring in the complete AIR 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: |
$28.34 |
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| End price/share: |
$72.21 |
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| Starting shares: |
352.86 |
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| Ending shares: |
370.16 |
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| Dividends reinvested/share: |
$1.57 |
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| Total return: |
167.29% |
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| Average Annual Total Return: |
10.33% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$26,733.34 |
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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: |
$28.34 |
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| End price/share: |
$72.21 |
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| Dividends collected/share: |
$1.57 |
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| Total return: |
160.36% |
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| Average Annual Total Return: |
10.04% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$26,038.72 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 02/11/1986 | 3 for 2
| | 10/27/1987 | 3 for 2
| | 02/24/1998 | 3 for 2
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