 |
 Video: What is a Stock Split?
|
|
|
| JetBlue Airways Corporation provides air transportation services across the U.S., the Caribbean, Latin America, Canada, and Europe. Co.'s segments include Domestic & Canada, Caribbean & Latin America and Atlantic. It operates five types of aircraft: Airbus A220, Airbus A320, Airbus A321, Airbus A321neo, and Embraer E190. It offers an inflight entertainment system onboard on its aircraft, which includes free live TV on select routes and premium movie channel offerings from JetBlue Features. Its entire fleet is equipped with Fly-Fi, a broadband product that allows gate-to-gate Wi-Fi at every seat. According to our JBLU split history records, JetBlue Airways has had 3 splits. | |
|
JetBlue Airways (JBLU) has 3 splits in our JBLU split history database. The first split for JBLU took place on December 13, 2002. This was a 3 for 2 split, meaning for each 2 shares of JBLU 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. JBLU's second split took place on November 21, 2003. This was a 3 for 2 split, meaning for each 2 shares of JBLU 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. JBLU's third split took place on December 27, 2005. This was a 3 for 2 split, meaning for each 2 shares of JBLU 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 JetBlue Airways 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 JBLU 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 JetBlue Airways shares, starting with a $10,000 purchase of JBLU, presented on a split-history-adjusted basis factoring in the complete JBLU split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/21/2015 |
|
| End date: |
05/19/2025 |
|
| Start price/share: |
$20.18 |
|
| End price/share: |
$4.94 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-75.52% |
|
| Average Annual Total Return: |
-13.12% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$2,449.24 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 12/13/2002 | 3 for 2 | | 11/21/2003 | 3 for 2 | | 12/27/2005 | 3 for 2 |
|
|
Free JBLU Email Alerts:
