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Video: What is a Stock Split?
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Flowers Foods, Inc. is a producer and marketer of packaged bakery foods in the U.S.. Co.'s products include breads, buns, rolls, snack items, bagels, English muffins, and tortillas and are sold under a variety of brand names, including Nature's Own, Dave's Killer Bread (DKB), Wonder, Canyon Bakehouse, Tastykake, and Mrs. Freshley's. Its fresh baked foods customers include mass merchandisers, supermarkets and other retailers, restaurants, quick-serve chains, food wholesalers, institutions, dollar stores and vending companies. It supplies national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries with breads and rolls. According to our FLO split history records, Flowers Foods has had 9 splits. | |
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Flowers Foods (FLO) has 9 splits in our FLO split history database. The first split for FLO took place on November 30, 1987. This was a 3 for 2
split, meaning for each 2
shares of FLO 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. FLO's second split took place on November 20, 1995. This was a 3 for 2
split, meaning for each 2
shares of FLO 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. FLO's third split took place on May 05, 1997. This was a 3 for 2
split, meaning for each 2
shares of FLO owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. FLO's 4th split took place on January 03, 2002. This was a 3 for 2 split, meaning for each 2 shares of FLO owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split. FLO's 5th split took place on June 30, 2003. This was a 3 for 2 split, meaning for each 2 shares of FLO owned pre-split, the shareholder now owned 3 shares. For example, a 5062.5 share position pre-split, became a 7593.75 share position following the split. FLO's 6th split took place on July 05, 2005. This was a 3 for 2 split, meaning for each 2 shares of FLO owned pre-split, the shareholder now owned 3 shares. For example, a 7593.75 share position pre-split, became a 11390.625 share position following the split. FLO's 7th split took place on July 02, 2007. This was a 3 for 2 split, meaning for each 2 shares of FLO owned pre-split, the shareholder now owned 3 shares. For example, a 11390.625 share position pre-split, became a 17085.9375 share position following the split. FLO's 8th split took place on June 27, 2011. This was a 3 for 2 split, meaning for each 2 shares of FLO owned pre-split, the shareholder now owned 3 shares. For example, a 17085.9375 share position pre-split, became a 25628.90625 share position following the split. FLO's 9th split took place on June 20, 2013. This was a 3 for 2 split, meaning for each 2 shares of FLO owned pre-split, the shareholder now owned 3 shares. For example, a 25628.90625 share position pre-split, became a 38443.359375 share position following the split.
When a company such as Flowers Foods 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 FLO split history from start to finish, an original position size of 1000 shares would have turned into 38443.359375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Flowers Foods shares, starting with a $10,000 purchase of FLO, presented on a split-history-adjusted basis factoring in the complete FLO split history.
Growth of $10,000.00
With 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: |
$18.26 |
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End price/share: |
$21.21 |
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Starting shares: |
547.65 |
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Ending shares: |
775.17 |
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Dividends reinvested/share: |
$7.67 |
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Total return: |
64.41% |
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Average Annual Total Return: |
5.10% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,444.75 |
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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: |
12/16/2014 |
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End date: |
12/13/2024 |
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Start price/share: |
$18.26 |
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End price/share: |
$21.21 |
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Dividends collected/share: |
$7.67 |
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Total return: |
58.18% |
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Average Annual Total Return: |
4.69% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,814.37 |
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Years: |
10.00 |
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Date |
Ratio |
11/30/1987 | 3 for 2
| 11/20/1995 | 3 for 2
| 05/05/1997 | 3 for 2
| 01/03/2002 | 3 for 2 | 06/30/2003 | 3 for 2 | 07/05/2005 | 3 for 2 | 07/02/2007 | 3 for 2 | 06/27/2011 | 3 for 2 | 06/20/2013 | 3 for 2 |
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