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 Video: What is a Stock Split?
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| LKQ Corporation is a distributor of vehicle products. Co.'s vehicle products include replacement parts, components and systems used in the repair and maintenance of vehicles, and specialty aftermarket products and accessories to improve the performance, functionality, and appearance of vehicles. It operates through four segments: Wholesale-North America; Europe; Specialty and Self Service. Its Wholesale - North America segment consists of aftermarket and salvage operations, sells five product types, including aftermarket, original equipment manufacturer (OEM) recycled, OEM remanufactured, OEM refurbished and new OEM parts. According to our LKQ split history records, LKQ has had 1 split. | |
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LKQ (LKQ) has 1 split in our LKQ split history database. The split for LKQ took place on September 19, 2012. This was a 2 for 1 split, meaning for each share of LKQ owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as LKQ 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 LKQ split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LKQ shares, starting with a $10,000 purchase of LKQ, presented on a split-history-adjusted basis factoring in the complete LKQ split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$29.25 |
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| End price/share: |
$39.42 |
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| Starting shares: |
341.88 |
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| Ending shares: |
368.03 |
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| Dividends reinvested/share: |
$3.60 |
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| Total return: |
45.08% |
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| Average Annual Total Return: |
3.79% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,507.73 |
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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: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$29.25 |
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| End price/share: |
$39.42 |
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| Dividends collected/share: |
$3.60 |
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| Total return: |
47.08% |
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| Average Annual Total Return: |
3.93% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,704.67 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/19/2012 | 2 for 1 |
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