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 Video: What is a Stock Split?
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| Fred's is primarily engaged in the sale of general merchandise through its retail stores and pharmacies. In addition, Co. sells general merchandise to its franchisees. Co. has retail stores, pharmacies and franchised stores located mainly in the Southeastern U.S. Co.'s Brand products include health, beauty and personal care products, household cleaning supplies, disposable diapers, pet foods, paper products and a variety of general merchandise, food and beverage products. Co.'s stores serve low, middle and fixed income families located in small- to medium- sized towns. According to our FRED split history records, FRED has had 4 splits. | |
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FRED (FRED) has 4 splits in our FRED split history database. The first split for FRED took place on December 22, 1997. This was a 5 for 4
split, meaning for each 4
shares of FRED owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. FRED's second split took place on June 19, 2001. This was a 5 for 4 split, meaning for each 4 shares of FRED owned pre-split, the shareholder now owned 5 shares. For example, a 1250 share position pre-split, became a 1562.5 share position following the split. FRED's third split took place on February 04, 2002. This was a 3 for 2 split, meaning for each 2 shares of FRED owned pre-split, the shareholder now owned 3 shares. For example, a 1562.5 share position pre-split, became a 2343.75 share position following the split. FRED's 4th split took place on July 02, 2003. This was a 3 for 2 split, meaning for each 2 shares of FRED owned pre-split, the shareholder now owned 3 shares. For example, a 2343.75 share position pre-split, became a 3515.625 share position following the split.
When a company such as FRED 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 FRED split history from start to finish, an original position size of 1000 shares would have turned into 3515.625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FRED shares, starting with a $10,000 purchase of FRED, presented on a split-history-adjusted basis factoring in the complete FRED split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/17/2019 |
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| Start price/share: |
$14.80 |
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| End price/share: |
$0.13 |
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| Starting shares: |
675.68 |
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| Ending shares: |
714.69 |
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| Dividends reinvested/share: |
$0.72 |
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| Total return: |
-99.07% |
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| Average Annual Total Return: |
-60.75% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$92.91 |
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| Years: |
5.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/17/2019 |
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| Start price/share: |
$14.80 |
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| End price/share: |
$0.13 |
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| Dividends collected/share: |
$0.72 |
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| Total return: |
-94.26% |
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| Average Annual Total Return: |
-43.51% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$574.35 |
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| Years: |
5.00 |
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| Date |
Ratio |
| 12/22/1997 | 5 for 4
| | 06/19/2001 | 5 for 4 | | 02/04/2002 | 3 for 2 | | 07/02/2003 | 3 for 2 |
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