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Video: What is a Stock Split?
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Coach is a marketer of accessories and gifts for women and men. Co.'s product offerings include women's and men's bags, leather goods, footwear, jewelry, travel bags, sunwear, watches and fragrance. Co.'s segments include: North America, which includes sales to North American consumers through Co.-operated stores, including the Internet, and sales to wholesale customers and distributors; International, which includes sales to consumers through Co.-operated stores, concession shop-in-shops and through the Internet; and Stuart Weitzman, which includes sales generated by the Stuart Weitzman brand, through numerous department stores, within third party distributors and operated stores. According to our COH split history records, COH has had 3 splits. | |
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COH (COH) has 3 splits in our COH split history database. The first split for COH took place on July 05, 2002. This was a 2 for 1 split, meaning for each share of COH 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. COH's second split took place on October 02, 2003. This was a 2 for 1 split, meaning for each share of COH owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. COH's third split took place on April 05, 2005. This was a 2 for 1 split, meaning for each share of COH owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as COH 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 COH split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into COH shares, starting with a $10,000 purchase of COH, presented on a split-history-adjusted basis factoring in the complete COH split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
09/12/2014 |
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End date: |
11/28/2017 |
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Start price/share: |
$36.96 |
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End price/share: |
$39.90 |
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Starting shares: |
270.56 |
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Ending shares: |
301.54 |
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Dividends reinvested/share: |
$4.06 |
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Total return: |
20.31% |
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Average Annual Total Return: |
5.92% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,030.17 |
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Years: |
3.21 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/12/2014 |
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End date: |
11/28/2017 |
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Start price/share: |
$36.96 |
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End price/share: |
$39.90 |
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Dividends collected/share: |
$4.06 |
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Total return: |
18.93% |
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Average Annual Total Return: |
5.54% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,892.02 |
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Years: |
3.21 |
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Date |
Ratio |
07/05/2002 | 2 for 1 | 10/02/2003 | 2 for 1 | 04/05/2005 | 2 for 1 |
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