|
Video: What is a Stock Split?
|
|
Arconic is engaged in manufacturing aluminum sheet, plate, extrusions and architectural products and systems, serving primarily the ground transportation, aerospace, building and construction, industrial, and packaging end markets. Co.'s three segments are: Rolled Products, which produces a range of aluminum sheet and plate; Building and Construction Systems, which manufactures various products and building envelope solutions, including entrances, curtain walls, windows, composite panel and coil coated sheet; and Extrusions, which produces a range of extruded products, including automotive shapes, aerospace shapes, tube, hollows, mortar fins, and high strength rod and bar. According to our ARNC split history records, ARNC has had 1 split. | |
|
ARNC (ARNC) has 1 split in our ARNC split history database. The split for ARNC took place on November 01, 2016. This was a 1334 for 1000 split, meaning for each 1000 shares of ARNC owned pre-split, the shareholder now owned 1334 shares. For example, a 1000 share position pre-split, became a 1334 share position following the split.
When a company such as ARNC 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 ARNC split history from start to finish, an original position size of 1000 shares would have turned into 1334 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ARNC shares, starting with a $10,000 purchase of ARNC, presented on a split-history-adjusted basis factoring in the complete ARNC split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
12/05/2014 |
|
End date: |
08/17/2023 |
|
Start price/share: |
$12.71 |
|
End price/share: |
$29.99 |
|
Starting shares: |
786.78 |
|
Ending shares: |
828.96 |
|
Dividends reinvested/share: |
$0.87 |
|
Total return: |
148.61% |
|
Average Annual Total Return: |
11.03% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$24,853.82 |
|
Years: |
8.70 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
12/05/2014 |
|
End date: |
08/17/2023 |
|
Start price/share: |
$12.71 |
|
End price/share: |
$29.99 |
|
Dividends collected/share: |
$0.87 |
|
Total return: |
142.78% |
|
Average Annual Total Return: |
10.73% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$24,275.53 |
|
Years: |
8.70 |
|
|
|
Date |
Ratio |
11/01/2016 | 1334 for 1000 |
|
|