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Video: What is a Stock Split?
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International Paper is a producer of renewable fiber-based packaging and pulp products with manufacturing operations in North America, Latin America, Europe and North Africa. Co.'s businesses are separated into two segments: Industrial Packaging, which manufactures containerboard, such as linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and Global Cellulose Fibers, which is a producer of fluff pulp which is used to make absorbent hygiene products like baby diapers, feminine care, adult incontinence and other non-woven products. According to our IP split history records, International Paper has had 5 splits. | |
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International Paper (IP) has 5 splits in our IP split history database. The first split for IP took place on November 19, 1962. This was a 102 for 100
split, meaning for each 100
shares of IP owned pre-split, the shareholder now owned 102 shares. For example, a 1000 share position pre-split, became a 1020 share position following the split. IP's second split took place on May 20, 1987. This was a 2 for 1
split, meaning for each share of IP owned pre-split, the shareholder now owned 2 shares. For example, a 1020 share position pre-split, became a 2040 share position following the split. IP's third split took place on September 18, 1995. This was a 2 for 1
split, meaning for each share of IP owned pre-split, the shareholder now owned 2 shares. For example, a 2040 share position pre-split, became a 4080 share position following the split. IP's 4th split took place on July 02, 2014. This was a 1014 for 1000 split, meaning for each 1000 shares of IP owned pre-split, the shareholder now owned 1014 shares. For example, a 4080 share position pre-split, became a 4137.12 share position following the split. IP's 5th split took place on October 01, 2021. This was a 1056 for 1000 split, meaning for each 1000 shares of IP owned pre-split, the shareholder now owned 1056 shares. For example, a 4137.12 share position pre-split, became a 4368.79872 share position following the split.
When a company such as International Paper 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 IP split history from start to finish, an original position size of 1000 shares would have turned into 4368.79872 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into International Paper shares, starting with a $10,000 purchase of IP, presented on a split-history-adjusted basis factoring in the complete IP split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
11/07/2014 |
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End date: |
11/05/2024 |
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Start price/share: |
$50.07 |
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End price/share: |
$57.56 |
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Starting shares: |
199.72 |
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Ending shares: |
303.99 |
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Dividends reinvested/share: |
$18.07 |
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Total return: |
74.98% |
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Average Annual Total Return: |
5.75% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,493.24 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/07/2014 |
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End date: |
11/05/2024 |
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Start price/share: |
$50.07 |
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End price/share: |
$57.56 |
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Dividends collected/share: |
$18.07 |
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Total return: |
51.05% |
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Average Annual Total Return: |
4.21% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,105.78 |
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Years: |
10.00 |
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Date |
Ratio |
11/19/1962 | 102 for 100
| 05/20/1987 | 2 for 1
| 09/18/1995 | 2 for 1
| 07/02/2014 | 1014 for 1000 | 10/01/2021 | 1056 for 1000 |
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