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 Video: What is a Stock Split?
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| Ann is a holding company. Through its wholly-owned subsidiaries, Co. is a retailer of women's apparel, shoes and accessories, sold primarily under the Ann Taylor and LOFT brands. As of Jan 31 2015, Co. operated 1,030 retail stores in 47 states, the District of Columbia, Puerto Rico and Canada, comprised of 245 Ann Taylor stores, 537 LOFT stores, 116 Ann Taylor Factory stores, 127 LOFT Outlet stores and five Lou & Grey stores. Co.'s retail stores are located in malls, centers, downtown or village locations and destination shopping centers. In addition to its stores, Co.'s clients can shop online at www.anntaylor.com and www.LOFT.com, by phone or at three LOFT franchise locations in Mexico. According to our ANN split history records, ANN has had 2 splits. | |
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ANN (ANN) has 2 splits in our ANN split history database. The first split for ANN took place on May 21, 2002. This was a 3 for 2 split, meaning for each 2 shares of ANN 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. ANN's second split took place on May 27, 2004. This was a 3 for 2 split, meaning for each 2 shares of ANN 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.
When a company such as ANN 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 ANN split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ANN shares, starting with a $10,000 purchase of ANN, presented on a split-history-adjusted basis factoring in the complete ANN split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
08/21/2015 |
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| Start price/share: |
$30.84 |
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| End price/share: |
$44.89 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
45.56% |
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| Average Annual Total Return: |
18.66% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,556.68 |
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| Years: |
2.19 |
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| Date |
Ratio |
| 05/21/2002 | 3 for 2 | | 05/27/2004 | 3 for 2 |
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