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 Video: What is a Stock Split?
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| Clearwater Paper Corporation is a manufacturer and supplier of bleached paperboard and consumer and parent roll tissue. Co. operates through two segments: Pulp and Paperboard and Consumer Products. The Pulp and Paperboard segment markets and manufactures bleached paperboard for the high-end segment of the packaging industry and is a producer of Solid Bleached Sulfate (SBS) paperboard. The Pulp and Paperboard segment produces hardwood and softwood pulp, which is primarily used as the basis for its paperboard products or transferred to its Consumer Products segment. The Consumer Products segment sells and produces a complete line of at-home tissue products. According to our CLW split history records, Clearwater Paper has had 1 split. | |
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Clearwater Paper (CLW) has 1 split in our CLW split history database. The split for CLW took place on August 29, 2011. This was a 2 for 1 split, meaning for each share of CLW 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 Clearwater Paper 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 CLW 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 Clearwater Paper shares, starting with a $10,000 purchase of CLW, presented on a split-history-adjusted basis factoring in the complete CLW split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/16/2014 |
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| End date: |
12/13/2024 |
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| Start price/share: |
$69.68 |
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| End price/share: |
$24.63 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-64.65% |
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| Average Annual Total Return: |
-9.88% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,533.55 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/29/2011 | 2 for 1 |
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