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 Video: What is a Stock Split?
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| Crocs designs, develops, manufactures, markets and distributes casual lifestyle footwear and accessories for men, women, and children. Co.'s products include footwear and accessories that utilize its proprietary closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials. At Dec 31 2016, Co. sold its products in more than 90 countries through domestic and international retailers and distributors, and directly to consumers through its company-operated retail stores, outlets, e-commerce store sites, and kiosks. Co. has three segments: Americas, Asia Pacific, and Europe. At Dec 31 2015, Co. operated 228 retail stores and 232 outlet stores. According to our CROX split history records, Crocs has had 1 split. |
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Crocs (CROX) has 1 split in our CROX split history database. The split for CROX took place on June 15, 2007. This was a 2 for 1 split, meaning for each share of CROX 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 Crocs 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 CROX 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 Crocs shares, starting with a $10,000 purchase of CROX, presented on a split-history-adjusted basis factoring in the complete CROX split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
08/22/2007 |
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| End date: |
08/21/2017 |
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| Start price/share: |
$58.13 |
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| End price/share: |
$8.65 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-85.12% |
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| Average Annual Total Return: |
-17.34% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,487.65 |
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| Years: |
10.01 |
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| Date |
Ratio |
| 06/15/2007 | 2 for 1 |
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