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Video: What is a Stock Split?
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Arthur J. Gallagher & Co. and its subsidiaries provide insurance brokerage, consulting and third-party claims settlement and administration services to both domestic and international entities. Co.'s segments include brokerage, risk management and corporate. Its brokerage segment operations provide brokerage and consulting services to entities of all types, including commercial, nonprofit, public sector entities, individuals, in the areas of insurance and reinsurance placements, risk of loss management and management of employer sponsored benefit programs. According to our AJG split history records, Arthur J. Gallagher has had 2 splits. | |
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Arthur J. Gallagher (AJG) has 2 splits in our AJG split history database. The first split for AJG took place on March 16, 2000. This was a 2 for 1
split, meaning for each share of AJG 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. AJG's second split took place on January 19, 2001. This was a 2 for 1 split, meaning for each share of AJG 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 Arthur J. Gallagher 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 AJG 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 Arthur J. Gallagher shares, starting with a $10,000 purchase of AJG, presented on a split-history-adjusted basis factoring in the complete AJG split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/27/2015 |
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End date: |
01/23/2025 |
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Start price/share: |
$45.32 |
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End price/share: |
$288.00 |
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Starting shares: |
220.65 |
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Ending shares: |
268.29 |
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Dividends reinvested/share: |
$18.28 |
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Total return: |
672.69% |
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Average Annual Total Return: |
22.69% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$77,241.08 |
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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: |
01/27/2015 |
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End date: |
01/23/2025 |
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Start price/share: |
$45.32 |
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End price/share: |
$288.00 |
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Dividends collected/share: |
$18.28 |
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Total return: |
575.82% |
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Average Annual Total Return: |
21.06% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$67,573.95 |
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Years: |
10.00 |
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Date |
Ratio |
03/16/2000 | 2 for 1
| 01/19/2001 | 2 for 1 |
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