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 Video: What is a Stock Split?
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| Greif produces industrial packaging products and services. Co.'s segments are: Global Industrial Packaging, which provides industrial packaging products, such as steel, fibre and plastic drums, intermediate bulk containers, closure systems, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, filling, logistics, warehousing and other services; Paper Packaging and Services, which produces and sells containerboard, corrugated sheets, corrugated containers, and other corrugated products; and Land Management, which is focused on the harvesting and regeneration of its U.S. timber properties. According to our GEF split history records, Greif has had 1 split. | |
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Greif (GEF) has 1 split in our GEF split history database. The split for GEF took place on April 12, 2007. This was a 2 for 1 split, meaning for each share of GEF 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 Greif 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 GEF 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 Greif shares, starting with a $10,000 purchase of GEF, presented on a split-history-adjusted basis factoring in the complete GEF split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/21/2014 |
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| End date: |
04/16/2024 |
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| Start price/share: |
$52.43 |
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| End price/share: |
$62.91 |
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| Starting shares: |
190.73 |
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| Ending shares: |
276.18 |
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| Dividends reinvested/share: |
$17.82 |
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| Total return: |
73.74% |
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| Average Annual Total Return: |
5.68% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,369.87 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/21/2014 |
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| End date: |
04/16/2024 |
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| Start price/share: |
$52.43 |
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| End price/share: |
$62.91 |
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| Dividends collected/share: |
$17.82 |
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| Total return: |
53.98% |
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| Average Annual Total Return: |
4.41% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,392.82 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 04/12/2007 | 2 for 1 |
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