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Video: What is a Stock Split?
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Avery Dennison Corporation is a materials science and digital identification solutions company. Co. provides a range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and connect brands and consumers. Its Materials Group segment manufactures and sells pressure-sensitive label materials, films for graphic and reflective products, performance tapes and other adhesive products for industrial, medical and other applications, as well as fastener solutions. According to our AVY split history records, Avery Dennison has had 1 split. | |
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Avery Dennison (AVY) has 1 split in our AVY split history database. The split for AVY took place on December 23, 1996. This was a 2 for 1
split, meaning for each share of AVY 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 Avery Dennison 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 AVY 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 Avery Dennison shares, starting with a $10,000 purchase of AVY, presented on a split-history-adjusted basis factoring in the complete AVY split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/09/2014 |
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End date: |
12/06/2024 |
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Start price/share: |
$49.74 |
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End price/share: |
$202.50 |
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Starting shares: |
201.05 |
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Ending shares: |
242.17 |
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Dividends reinvested/share: |
$23.67 |
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Total return: |
390.39% |
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Average Annual Total Return: |
17.23% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$49,021.62 |
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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: |
12/09/2014 |
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End date: |
12/06/2024 |
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Start price/share: |
$49.74 |
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End price/share: |
$202.50 |
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Dividends collected/share: |
$23.67 |
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Total return: |
354.70% |
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Average Annual Total Return: |
16.35% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$45,463.61 |
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Years: |
10.00 |
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Date |
Ratio |
12/23/1996 | 2 for 1
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