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 Video: What is a Stock Split?
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| The LGL Group, Inc. is a holding company engaged in services, merchant investment and manufacturing business activities. Co., through its subsidiary, Precise Time and Frequency, LLC (PTF), produces industrial electronic instruments and commercial products and services. PTF operates from its design and manufacturing facility in Wakefield, Massachusetts. It operates through two segments: Electronic Instruments and Merchant Investment. According to our LGL split history records, LGL Group has had 2 splits. | |
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LGL Group (LGL) has 2 splits in our LGL split history database. The first split for LGL took place on August 07, 2013. This was a 1641 for 1000 split, meaning for each 1000 shares of LGL owned pre-split, the shareholder now owned 1641 shares. For example, a 1000 share position pre-split, became a 1641 share position following the split. LGL's second split took place on October 07, 2022. This was a 2652 for 1000 split, meaning for each 1000 shares of LGL owned pre-split, the shareholder now owned 2652 shares. For example, a 1641 share position pre-split, became a 4351.932 share position following the split.
When a company such as LGL Group 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 LGL split history from start to finish, an original position size of 1000 shares would have turned into 4351.932 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LGL Group shares, starting with a $10,000 purchase of LGL, presented on a split-history-adjusted basis factoring in the complete LGL split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/20/2016 |
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| End date: |
01/15/2026 |
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| Start price/share: |
$1.32 |
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| End price/share: |
$6.36 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
381.82% |
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| Average Annual Total Return: |
17.04% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$48,191.31 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 08/07/2013 | 1641 for 1000 | | 10/07/2022 | 2652 for 1000 |
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