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 Video: What is a Stock Split?
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| Christopher & Banks is a specialty retailer featuring women's apparel and accessories. Co.'s merchandise assortments include women's apparel, consisting of casual clothing, everyday basics, wear-to-work, leisure / active wear, and seasonal sleepwear in missy, petite and women sizes. Co.'s Christopher and Banks (CB) stores provides merchandise assortments in women's apparel and accessories for missy and petite sizes. Co.'s C.J. Banks (CJ) stores provides merchandise assortments in women's apparel and accessories for women's sizes. Co.'s Missy, Petite, Women and outlet stores, and its website provides merchandise assortments from both CB and CJ in all three sizes. According to our CBK split history records, CBK has had 3 splits. | |
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CBK (CBK) has 3 splits in our CBK split history database. The first split for CBK took place on August 28, 2003. This was a 3 for 2 split, meaning for each 2 shares of CBK 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. CBK's second split took place on May 21, 1982. CBK's third split took place on July 02, 1985.
When a company such as CBK 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 CBK split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CBK shares, starting with a $10,000 purchase of CBK, presented on a split-history-adjusted basis factoring in the complete CBK split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/23/2015 |
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| End date: |
04/17/2019 |
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| Start price/share: |
$5.23 |
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| End price/share: |
$0.35 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-93.31% |
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| Average Annual Total Return: |
-47.23% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$669.36 |
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| Years: |
4.23 |
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| Date |
Ratio |
| 08/28/2003 | 3 for 2 | | 05/21/1982 | 1 for 1 | | 07/02/1985 | 1 for 1 |
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