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 Video: What is a Stock Split?
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| Ennis and its subsidiaries print and manufacture business forms and other business products. Co. distributes business products and forms throughout the U.S. through independent distributors. This distributor channel encompasses independent print distributors, commercial printers, direct mail, fulfillment companies, payroll and accounts payable software companies, and advertising agencies, among others. The products Co. sells include snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls and pressure sensitive products in short, medium and long runs under the following labels: Ennis®, Royal Business Forms®, and Block Graphics®, among others. According to our EBF split history records, Ennis has had 2 splits. | |
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Ennis (EBF) has 2 splits in our EBF split history database. The first split for EBF took place on July 25, 1989. This was a 3 for 2
split, meaning for each 2
shares of EBF 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. EBF's second split took place on August 01, 1991. This was a 3 for 2
split, meaning for each 2
shares of EBF 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.
When a company such as Ennis 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 EBF split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ennis shares, starting with a $10,000 purchase of EBF, presented on a split-history-adjusted basis factoring in the complete EBF split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$15.78 |
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| End price/share: |
$19.10 |
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| Starting shares: |
633.71 |
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| Ending shares: |
1,088.10 |
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| Dividends reinvested/share: |
$10.20 |
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| Total return: |
107.83% |
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| Average Annual Total Return: |
7.59% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,779.35 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$15.78 |
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| End price/share: |
$19.10 |
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| Dividends collected/share: |
$10.20 |
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| Total return: |
85.68% |
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| Average Annual Total Return: |
6.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,575.24 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/25/1989 | 3 for 2
| | 08/01/1991 | 3 for 2
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