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Video: What is a Stock Split?
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Compania Cervecerias Unidas is a beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. Co.'s products include soft drinks, mineral and bottled water, sports drinks, iced tea, juice, cider, spirits, beer, wine and pisco. Co.'s principal licensing, distribution and joint venture agreements include Heineken Brouwerijen B.V., PepsiCo Inc., Seven-up International, Schweppes Holdings Limited, Société des Produits Nestle S.A., Pernod Ricard Chile S.A., Promarca S.A. (Watt's) and Coors Brewing Company. Also, Co. participates in the home and office delivery of purified bottled water through the use of dispensers. According to our CCU split history records, Compania Cervecerias Unidas S.A. has had 7 splits. | |
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Compania Cervecerias Unidas S.A. (CCU) has 7 splits in our CCU split history database. The first split for CCU took place on April 01, 1992. This was a 5 for 4
split, meaning for each 4
shares of CCU owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. CCU's second split took place on February 22, 1993. This was a 5 for 4
split, meaning for each 4
shares of CCU owned pre-split, the shareholder now owned 5 shares. For example, a 1250 share position pre-split, became a 1562.5 share position following the split. CCU's third split took place on February 23, 1994. This was a 5 for 4
split, meaning for each 4
shares of CCU owned pre-split, the shareholder now owned 5 shares. For example, a 1562.5 share position pre-split, became a 1953.125 share position following the split. CCU's 4th split took place on December 01, 1995. This was a 2 for 1
split, meaning for each share of CCU owned pre-split, the shareholder now owned 2 shares. For example, a 1953.125 share position pre-split, became a 3906.25 share position following the split. CCU's 5th split took place on December 03, 1996. This was a 2 for 1
split, meaning for each share of CCU owned pre-split, the shareholder now owned 2 shares. For example, a 3906.25 share position pre-split, became a 7812.5 share position following the split. CCU's 6th split took place on July 29, 1998. This was a 2 for 1
split, meaning for each share of CCU owned pre-split, the shareholder now owned 2 shares. For example, a 7812.5 share position pre-split, became a 15625 share position following the split. CCU's 7th split took place on December 20, 2012. This was a 5 for 2 split, meaning for each 2 shares of CCU owned pre-split, the shareholder now owned 5 shares. For example, a 15625 share position pre-split, became a 39062.5 share position following the split.
When a company such as Compania Cervecerias Unidas S.A. 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 CCU split history from start to finish, an original position size of 1000 shares would have turned into 39062.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Compania Cervecerias Unidas S.A. shares, starting with a $10,000 purchase of CCU, presented on a split-history-adjusted basis factoring in the complete CCU split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/02/2013 |
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End date: |
03/29/2023 |
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Start price/share: |
$32.76 |
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End price/share: |
$15.45 |
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Starting shares: |
305.25 |
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Ending shares: |
458.56 |
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Dividends reinvested/share: |
$8.23 |
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Total return: |
-29.15% |
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Average Annual Total Return: |
-3.39% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,084.40 |
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Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/02/2013 |
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End date: |
03/29/2023 |
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Start price/share: |
$32.76 |
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End price/share: |
$15.45 |
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Dividends collected/share: |
$8.23 |
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Total return: |
-27.71% |
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Average Annual Total Return: |
-3.19% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,232.35 |
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Years: |
9.99 |
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Date |
Ratio |
04/01/1992 | 5 for 4
| 02/22/1993 | 5 for 4
| 02/23/1994 | 5 for 4
| 12/01/1995 | 2 for 1
| 12/03/1996 | 2 for 1
| 07/29/1998 | 2 for 1
| 12/20/2012 | 5 for 2 |
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