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Video: What is a Stock Split?
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Comcast Corporation is a global media and technology company. It delivers broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream entertainment, sports, and news through brands, including NBC, Telemundo, Universal, Peacock, and Sky; and brings theme parks and attractions to life through Universal Destinations and Experiences. It operates through two primary businesses: Connectivity & Platforms and Content & Experiences. The Connectivity & Platforms segment contains its broadband, wireless, video and wireline voice businesses in the U.S., United Kingdom and Italy. According to our CMCSA split history records, Comcast has had 6 splits. | |
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Comcast (CMCSA) has 6 splits in our CMCSA split history database. The first split for CMCSA took place on October 25, 1989. This was a 3 for 2
split, meaning for each 2
shares of CMCSA 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. CMCSA's second split took place on February 03, 1994. This was a 3 for 2
split, meaning for each 2
shares of CMCSA owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. CMCSA's third split took place on May 06, 1999. This was a 2 for 1
split, meaning for each share of CMCSA owned pre-split, the shareholder now owned 2 shares. For example, a 2250 share position pre-split, became a 4500 share position following the split. CMCSA's 4th split took place on February 22, 2007. This was a 3 for 2 split, meaning for each 2 shares of CMCSA owned pre-split, the shareholder now owned 3 shares. For example, a 4500 share position pre-split, became a 6750 share position following the split. CMCSA's 5th split took place on February 21, 2017. This was a 2 for 1 split, meaning for each share of CMCSA owned pre-split, the shareholder now owned 2 shares. For example, a 6750 share position pre-split, became a 13500 share position following the split. CMCSA's 6th split took place on April 11, 1988. This was a 3 for 2 split, meaning for each 2 shares of CMCSA owned pre-split, the shareholder now owned 3 shares. For example, a 13500 share position pre-split, became a 20250 share position following the split.
When a company such as Comcast 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 CMCSA split history from start to finish, an original position size of 1000 shares would have turned into 20250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Comcast shares, starting with a $10,000 purchase of CMCSA, presented on a split-history-adjusted basis factoring in the complete CMCSA split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$27.89 |
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End price/share: |
$36.31 |
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Starting shares: |
358.55 |
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Ending shares: |
446.89 |
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Dividends reinvested/share: |
$8.68 |
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Total return: |
62.26% |
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Average Annual Total Return: |
4.96% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,222.70 |
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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: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$27.89 |
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End price/share: |
$36.31 |
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Dividends collected/share: |
$8.68 |
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Total return: |
61.32% |
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Average Annual Total Return: |
4.90% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,130.25 |
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Years: |
9.99 |
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Date |
Ratio |
10/25/1989 | 3 for 2
| 02/03/1994 | 3 for 2
| 05/06/1999 | 2 for 1
| 02/22/2007 | 3 for 2 | 02/21/2017 | 2 for 1 | 04/11/1988 | 3 for 2 |
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