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 Video: What is a Stock Split?
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| Ashland Global Holdings is engaged in providing additives and specialty ingredients to customers in a range of consumer and industrial markets. Co.'s segments are: Life Sciences, which supplies excipients and tablet coating systems to the pharmaceutical, nutrition and nutraceutical industries; Personal Care and Household, which provides biofunctionals, preservatives, skin care, sun care, oral care, hair care and household products; Specialty Additives, which provides rheology additives to the coatings, construction, energy, automotive and various industrial markets; and Intermediates and Solvents, which produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. According to our ASH split history records, Ashland has had 4 splits. | |
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Ashland (ASH) has 4 splits in our ASH split history database. The first split for ASH took place on July 29, 1988. This was a 2 for 1
split, meaning for each share of ASH 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. ASH's second split took place on July 01, 2005. This was a 10000 for 8212 split, meaning for each 8212 shares of ASH owned pre-split, the shareholder now owned 10000 shares. For example, a 2000 share position pre-split, became a 2435.46030199708 share position following the split. ASH's third split took place on March 30, 2000. This was a 10000 for 9465 split, meaning for each 9465 shares of ASH owned pre-split, the shareholder now owned 10000 shares. For example, a 2435.46030199708 share position pre-split, became a 2573.12234759332 share position following the split. ASH's 4th split took place on May 15, 2017. This was a 511 for 250 split, meaning for each 250 shares of ASH owned pre-split, the shareholder now owned 511 shares. For example, a 2573.12234759332 share position pre-split, became a 5259.46207848075 share position following the split.
When a company such as Ashland 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 ASH split history from start to finish, an original position size of 1000 shares would have turned into 5259.46207848075 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ashland shares, starting with a $10,000 purchase of ASH, presented on a split-history-adjusted basis factoring in the complete ASH split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$48.82 |
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| End price/share: |
$85.59 |
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| Starting shares: |
204.83 |
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| Ending shares: |
235.74 |
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| Dividends reinvested/share: |
$10.85 |
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| Total return: |
101.77% |
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| Average Annual Total Return: |
7.27% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,173.57 |
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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: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$48.82 |
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| End price/share: |
$85.59 |
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| Dividends collected/share: |
$10.85 |
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| Total return: |
97.54% |
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| Average Annual Total Return: |
7.04% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,745.18 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/29/1988 | 2 for 1
| | 07/01/2005 | 10000 for 8212 | | 03/30/2000 | 10000 for 9465 | | 05/15/2017 | 511 for 250 |
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