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Video: What is a Stock Split?
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Fossil Group, Inc. is a design, marketing and distribution company that specializes in consumer fashion accessories. Co.'s principal offerings include a line of men's and women's fashion traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. Its segments include Americas, Europe and Asia. The Americas is comprised of sales from its operations in the U.S., Canada and Latin America. Europe segment is comprised of sales to customers based in European countries, the Middle East and Africa. Asia segment is comprised of sales to customers based in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea and Thailand. According to our FOSL split history records, Fossil Group has had 4 splits. | |
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Fossil Group (FOSL) has 4 splits in our FOSL split history database. The first split for FOSL took place on April 09, 1998. This was a 3 for 2
split, meaning for each 2
shares of FOSL 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. FOSL's second split took place on August 18, 1999. This was a 3 for 2
split, meaning for each 2
shares of FOSL 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. FOSL's third split took place on June 10, 2002. This was a 3 for 2 split, meaning for each 2 shares of FOSL 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. FOSL's 4th split took place on April 12, 2004. This was a 3 for 2 split, meaning for each 2 shares of FOSL 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.
When a company such as Fossil Group 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 FOSL split history from start to finish, an original position size of 1000 shares would have turned into 5062.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fossil Group shares, starting with a $10,000 purchase of FOSL, presented on a split-history-adjusted basis factoring in the complete FOSL split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/27/2015 |
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End date: |
01/23/2025 |
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Start price/share: |
$100.27 |
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End price/share: |
$1.78 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.22% |
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Average Annual Total Return: |
-33.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$177.64 |
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Years: |
10.00 |
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Date |
Ratio |
04/09/1998 | 3 for 2
| 08/18/1999 | 3 for 2
| 06/10/2002 | 3 for 2 | 04/12/2004 | 3 for 2 |
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