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 Video: What is a Stock Split?
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| Hanesbrands is a marketer of basic innerwear and activewear apparel in the Americas, Australasia, Europe and Asia under some of the apparel brands, including Hanes, Champion, Bonds, Bali, Maidenform, Playtex, Bras N Things, JMS/Just My Size, Alternative, Berlei, Wonderbra, Gear for Sports and Comfortwash. Co. has three operating segments: Innerwear, which includes primary apparel products, such as men's underwear, women's panties, children's underwear and socks and intimate apparel; Activewear, which includes activewear products, such as T-shirts, fleece, performance apparel, sport shirts and thermals; and International, which includes innerwear, activewear and home goods products. According to our HBI split history records, HanesBrands has had 1 split. | |
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HanesBrands (HBI) has 1 split in our HBI split history database. The split for HBI took place on March 04, 2015. This was a 4 for 1 split, meaning for each share of HBI owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split.
When a company such as HanesBrands 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 HBI 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 HanesBrands shares, starting with a $10,000 purchase of HBI, presented on a split-history-adjusted basis factoring in the complete HBI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
11/28/2023 |
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| Start price/share: |
$17.55 |
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| End price/share: |
$3.86 |
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| Starting shares: |
569.80 |
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| Ending shares: |
755.17 |
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| Dividends reinvested/share: |
$4.74 |
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| Total return: |
-70.85% |
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| Average Annual Total Return: |
-11.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$2,916.19 |
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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: |
12/02/2013 |
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| End date: |
11/28/2023 |
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| Start price/share: |
$17.55 |
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| End price/share: |
$3.86 |
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| Dividends collected/share: |
$4.74 |
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| Total return: |
-51.00% |
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| Average Annual Total Return: |
-6.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$4,899.29 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 03/04/2015 | 4 for 1 |
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