Split History
ETFs Holding LM »    LM Historical Stock Prices »
Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Legg Mason is a holding company. Through its subsidiaries, Co. is an asset management company that provides investment management and related products and services. Co.'s investment advisory services include discretionary and non-discretionary management of separate investment accounts for institutional and individual investors. Co.'s investment products include proprietary mutual funds ranging from money market and other liquidity products to fixed income, equity and alternative funds managed in various investment styles. Co. also provides other domestic and offshore funds to both retail and institutional investors, privately placed real estate funds, hedge funds, and funds-of-hedge funds. According to our LM split history records, Legg Mason has had 4 splits.
LM split history picture
Legg Mason (LM) has 4 splits in our LM split history database. The first split for LM took place on September 27, 1993. This was a 5 for 4 split, meaning for each 4 shares of LM owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. LM's second split took place on September 25, 1997. This was a 4 for 3 split, meaning for each 3 shares of LM owned pre-split, the shareholder now owned 4 shares. For example, a 1250 share position pre-split, became a 1666.66666666667 share position following the split. LM's third split took place on September 28, 1998. This was a 2 for 1 split, meaning for each share of LM owned pre-split, the shareholder now owned 2 shares. For example, a 1666.66666666667 share position pre-split, became a 3333.33333333333 share position following the split. LM's 4th split took place on September 27, 2004. This was a 3 for 2 split, meaning for each 2 shares of LM owned pre-split, the shareholder now owned 3 shares. For example, a 3333.33333333333 share position pre-split, became a 5000 share position following the split.

When a company such as Legg Mason 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 LM 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 Legg Mason shares, starting with a $10,000 purchase of LM, presented on a split-history-adjusted basis factoring in the complete LM split history. LM split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 06/02/2010
End date: 06/01/2020
Start price/share: $31.33
End price/share: $49.88
Starting shares: 319.18
Ending shares: 398.46
Dividends reinvested/share: $7.88
Total return: 98.75%
Average Annual Total Return: 7.11%
Starting investment: $10,000.00
Ending investment: $19,882.16
Years: 10.01
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 06/02/2010
End date: 06/01/2020
Start price/share: $31.33
End price/share: $49.88
Dividends collected/share: $7.88
Total return: 84.36%
Average Annual Total Return: 6.30%
Starting investment: $10,000.00
Ending investment: $18,427.99
Years: 10.01
Date Ratio
09/27/19935 for 4
09/25/19974 for 3
09/28/19982 for 1
09/27/20043 for 2
LM is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

LMFA Split History
LNBB Split History
LNC Split History
LOR Split History
LPHI Split History
LSBI Split History
LSI Split History
LTC Split History
LTL Split History
MAB Split History

Also explore: LM shares outstanding history

Teligent, Inc. (TLGT)
Laredo Petroleum, Inc. (LPI)
Global Eagle Entertainment Inc. (ENT)
ToughBuilt Industries, Inc. (TBLT)
Cyclacel Pharmaceuticals, Inc. (CYCC)
Chesapeake Energy Corporation (CHK)
Direxion Daily Gold Miners Index Bull 3X Shares (NUGT)
Direxion Zacks MLP High Income Index Shares (ZMLP)
Direxion Daily Retail Bull 3X Shares (RETL)
Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

LM Insider Buying

LM Split History | www.SplitHistory.com | Copyright © 2013 - 2020, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.