 |
 Video: What is a Stock Split?
|
|
|
| Hibbett is an athletic-inspired fashion retailer. Co. operates Hibbett stores, City Gear stores and Sports Additions athletic shoe stores. Co.'s stores are located in Alabama, Arkansas, Arizona, California, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Minnesota, Mississippi, Missouri, Nebraska, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, West Virginia, Wisconsin and Wyoming. According to our HIBB split history records, Hibbett has had 4 splits. | |
|
Hibbett (HIBB) has 4 splits in our HIBB split history database. The first split for HIBB took place on February 20, 2002. This was a 3 for 2 split, meaning for each 2 shares of HIBB 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. HIBB's second split took place on July 16, 2003. This was a 3 for 2 split, meaning for each 2 shares of HIBB 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. HIBB's third split took place on April 19, 2004. This was a 3 for 2 split, meaning for each 2 shares of HIBB 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. HIBB's 4th split took place on September 28, 2005. This was a 3 for 2 split, meaning for each 2 shares of HIBB 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.
When a company such as Hibbett 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 HIBB split history from start to finish, an original position size of 1000 shares would have turned into 5062.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Hibbett shares, starting with a $10,000 purchase of HIBB, presented on a split-history-adjusted basis factoring in the complete HIBB split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/09/2014 |
|
| End date: |
07/25/2024 |
|
| Start price/share: |
$42.03 |
|
| End price/share: |
$87.49 |
|
| Starting shares: |
237.93 |
|
| Ending shares: |
250.22 |
|
| Dividends reinvested/share: |
$3.00 |
|
| Total return: |
118.92% |
|
| Average Annual Total Return: |
8.32% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$21,884.91 |
|
| Years: |
9.80 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/09/2014 |
|
| End date: |
07/25/2024 |
|
| Start price/share: |
$42.03 |
|
| End price/share: |
$87.49 |
|
| Dividends collected/share: |
$3.00 |
|
| Total return: |
115.30% |
|
| Average Annual Total Return: |
8.14% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$21,531.11 |
|
| Years: |
9.80 |
|
|
|
| Date |
Ratio |
| 02/20/2002 | 3 for 2 | | 07/16/2003 | 3 for 2 | | 04/19/2004 | 3 for 2 | | 09/28/2005 | 3 for 2 |
|
|
Free HIBB Email Alerts:
