 |
 Video: What is a Stock Split?
|
|
|
| Graco is a manufacturing company. Co. designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. Co.'s segments are: Industrial, which includes the Industrial Products and Applied Fluid Technologies divisions and markets equipment and solutions for moving and applying paints, coatings, sealants, adhesives and other fluids; Process, which includes its Process, Oil and Natural Gas, and Lubrication divisions and markets pumps, valves, meters and accessories to move and dispense chemicals, oil and natural gas, water and other fluids; and Contractor, which provides sprayers that apply paint to walls and other structures. According to our GGG split history records, Graco has had 8 splits. | |
|
Graco (GGG) has 8 splits in our GGG split history database. The first split for GGG took place on August 04, 1988. This was a 3 for 2
split, meaning for each 2
shares of GGG 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. GGG's second split took place on February 03, 1994. This was a 3 for 2
split, meaning for each 2
shares of GGG 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. GGG's third split took place on February 08, 1996. This was a 3 for 2
split, meaning for each 2
shares of GGG 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. GGG's 4th split took place on February 05, 1998. This was a 3 for 2
split, meaning for each 2
shares of GGG 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. GGG's 5th split took place on February 07, 2001. This was a 3 for 2 split, meaning for each 2 shares of GGG 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. GGG's 6th split took place on June 07, 2002. This was a 3 for 2 split, meaning for each 2 shares of GGG 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. GGG's 7th split took place on March 31, 2004. This was a 3 for 2 split, meaning for each 2 shares of GGG 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. GGG's 8th split took place on December 28, 2017. This was a 3 for 1 split, meaning for each share of GGG owned pre-split, the shareholder now owned 3 shares. For example, a 17085.9375 share position pre-split, became a 51257.8125 share position following the split.
When a company such as Graco 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 GGG split history from start to finish, an original position size of 1000 shares would have turned into 51257.8125 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Graco shares, starting with a $10,000 purchase of GGG, presented on a split-history-adjusted basis factoring in the complete GGG split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
06/05/2013 |
|
| End date: |
06/02/2023 |
|
| Start price/share: |
$21.12 |
|
| End price/share: |
$79.80 |
|
| Starting shares: |
473.48 |
|
| Ending shares: |
543.95 |
|
| Dividends reinvested/share: |
$5.79 |
|
| Total return: |
334.07% |
|
| Average Annual Total Return: |
15.82% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$43,417.10 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
06/05/2013 |
|
| End date: |
06/02/2023 |
|
| Start price/share: |
$21.12 |
|
| End price/share: |
$79.80 |
|
| Dividends collected/share: |
$5.79 |
|
| Total return: |
305.24% |
|
| Average Annual Total Return: |
15.02% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$40,510.46 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 08/04/1988 | 3 for 2
| | 02/03/1994 | 3 for 2
| | 02/08/1996 | 3 for 2
| | 02/05/1998 | 3 for 2
| | 02/07/2001 | 3 for 2 | | 06/07/2002 | 3 for 2 | | 03/31/2004 | 3 for 2 | | 12/28/2017 | 3 for 1 |
|
|
Free GGG Email Alerts:
