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Video: What is a Stock Split?
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Goldcorp is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. Co.'s metal properties consist of gold, silver, copper, lead and zinc. According to our GG split history records, GG has had 2 splits. | |
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GG (GG) has 2 splits in our GG split history database. The first split for GG took place on July 15, 1996. This was a 2 for 1
split, meaning for each share of GG 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. GG's second split took place on May 29, 2002. This was a 2 for 1 split, meaning for each share of GG owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as GG 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 GG split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into GG shares, starting with a $10,000 purchase of GG, presented on a split-history-adjusted basis factoring in the complete GG split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/20/2014 |
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End date: |
04/17/2019 |
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Start price/share: |
$26.67 |
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End price/share: |
$11.19 |
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Starting shares: |
374.95 |
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Ending shares: |
401.35 |
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Dividends reinvested/share: |
$1.20 |
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Total return: |
-55.09% |
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Average Annual Total Return: |
-14.58% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,491.18 |
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Years: |
5.08 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/20/2014 |
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End date: |
04/17/2019 |
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Start price/share: |
$26.67 |
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End price/share: |
$11.19 |
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Dividends collected/share: |
$1.20 |
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Total return: |
-53.54% |
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Average Annual Total Return: |
-14.01% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,645.49 |
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Years: |
5.08 |
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Date |
Ratio |
07/15/1996 | 2 for 1
| 05/29/2002 | 2 for 1 |
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