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 Video: What is a Stock Split?
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| Inter Parfums operates in the fragrance business and manufactures, markets and distributes an array of fragrance and fragrance related products. Co. manages its business in two segments: European based operations, which include Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T. Dupont and Van Cleef & Arpels; and and U.S. based operations, which fragrance products are sold under trademarks owned by Co. or pursuant to license or other agreements with the owners of brands, which include Abercrombie & Fitch, Anna Sui, Dunhill, Ferragamo, Graff, GUESS, Hollister, MCM, Oscar de la Renta and Ungaro. According to our IPAR split history records, Inter Parfums has had 3 splits. | |
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Inter Parfums (IPAR) has 3 splits in our IPAR split history database. The first split for IPAR took place on December 10, 1992. This was a 3 for 2
split, meaning for each 2
shares of IPAR 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. IPAR's second split took place on June 16, 2000. This was a 3 for 2
split, meaning for each 2
shares of IPAR 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. IPAR's third split took place on June 02, 2008. This was a 3 for 2 split, meaning for each 2 shares of IPAR 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.
When a company such as Inter Parfums 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 IPAR split history from start to finish, an original position size of 1000 shares would have turned into 3375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Inter Parfums shares, starting with a $10,000 purchase of IPAR, presented on a split-history-adjusted basis factoring in the complete IPAR split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/24/2014 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$35.45 |
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| End price/share: |
$129.52 |
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| Starting shares: |
282.09 |
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| Ending shares: |
334.40 |
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| Dividends reinvested/share: |
$10.86 |
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| Total return: |
333.12% |
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| Average Annual Total Return: |
15.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$43,302.18 |
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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: |
04/24/2014 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$35.45 |
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| End price/share: |
$129.52 |
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| Dividends collected/share: |
$10.86 |
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| Total return: |
295.99% |
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| Average Annual Total Return: |
14.75% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$39,599.59 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 12/10/1992 | 3 for 2
| | 06/16/2000 | 3 for 2
| | 06/02/2008 | 3 for 2 |
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