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 Video: What is a Stock Split?
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| Albemarle is a developer, manufacturer and marketer of chemicals. The end markets Co. serves include energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals and crop protection. Co.'s segments include: Lithium, which develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and other lithium specialties and reagents; Bromine, which includes products used in fire safety solutions and other chemicals applications; and Catalysts, which consist of clean fuels technologies, fluidized catalytic cracking catalysts and additives and performance catalyst solutions. According to our ALB split history records, Albemarle has had 2 splits. | |
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Albemarle (ALB) has 2 splits in our ALB split history database. The first split for ALB took place on March 01, 2007. ALB's second split took place on March 02, 2007. This was a 2 for 1 split, meaning for each share of ALB 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.
When a company such as Albemarle 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 ALB split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Albemarle shares, starting with a $10,000 purchase of ALB, presented on a split-history-adjusted basis factoring in the complete ALB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$64.94 |
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| End price/share: |
$87.44 |
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| Starting shares: |
153.99 |
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| Ending shares: |
177.47 |
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| Dividends reinvested/share: |
$14.23 |
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| Total return: |
55.18% |
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| Average Annual Total Return: |
4.49% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,512.97 |
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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: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$64.94 |
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| End price/share: |
$87.44 |
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| Dividends collected/share: |
$14.23 |
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| Total return: |
56.56% |
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| Average Annual Total Return: |
4.59% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,662.04 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/01/2007 | 1 for 1 | | 03/02/2007 | 2 for 1 |
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