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 Video: What is a Stock Split?
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| LATAM Airlines Group is a passenger airline group in South America and the main air cargo operator in the region. Co. provides domestic and international passenger services in Chile, Peru, Ecuador, Argentina, Colombia and Brazil. Co. carries out its cargo operations through the use of belly space on its passenger flights and dedicated cargo operations using freighter aircraft through its cargo airlines in Chile, Brazil, Colombia and Mexico. Co. offers service to 84 additional destinations in North America, 46 additional destinations in Europe, 22 destinations in Australasia, 9 destinations in Asia and 4 destinations in Africa. According to our LFL split history records, LFL has had 1 split. | |
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LFL (LFL) has 1 split in our LFL split history database. The split for LFL took place on August 16, 2007. This was a 5 for 1 split, meaning for each share of LFL owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 5000 share position following the split.
When a company such as LFL 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 LFL split history from start to finish, an original position size of 1000 shares would have turned into 5000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LFL shares, starting with a $10,000 purchase of LFL, presented on a split-history-adjusted basis factoring in the complete LFL split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
05/12/2017 |
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| Start price/share: |
$11.02 |
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| End price/share: |
$12.47 |
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| Starting shares: |
907.44 |
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| Ending shares: |
909.91 |
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| Dividends reinvested/share: |
$0.03 |
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| Total return: |
13.47% |
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| Average Annual Total Return: |
5.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,347.34 |
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| Years: |
2.42 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
05/12/2017 |
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| Start price/share: |
$11.02 |
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| End price/share: |
$12.47 |
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| Dividends collected/share: |
$0.03 |
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| Total return: |
13.47% |
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| Average Annual Total Return: |
5.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,347.34 |
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| Years: |
2.42 |
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| Date |
Ratio |
| 08/16/2007 | 5 for 1 |
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