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 Video: What is a Stock Split?
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| Lowe's Companies, Inc. is a home improvement company. Co. offers a complete line of products for construction, maintenance, repair, remodeling, and decorating. It offers home improvement products in various categories, including appliances, seasonal and outdoor living, lumber, lawn and garden, kitchens and bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, flooring, and decor. It is focused on offering a wide selection of national brand-name merchandise complemented by its selection of private brands. Its services include installed sales and Lowe's Protection Plans and Repair Services. According to our LOW split history records, Lowes Companies has had 5 splits. | |
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Lowes Companies (LOW) has 5 splits in our LOW split history database. The first split for LOW took place on June 29, 1992. This was a 2 for 1
split, meaning for each share of LOW 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. LOW's second split took place on April 04, 1994. This was a 2 for 1
split, meaning for each share of LOW owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. LOW's third split took place on June 29, 1998. This was a 2 for 1
split, meaning for each share of LOW owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. LOW's 4th split took place on July 02, 2001. This was a 2 for 1 split, meaning for each share of LOW owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. LOW's 5th split took place on July 03, 2006. This was a 2 for 1 split, meaning for each share of LOW owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split.
When a company such as Lowes Companies 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 LOW split history from start to finish, an original position size of 1000 shares would have turned into 32000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lowes Companies shares, starting with a $10,000 purchase of LOW, presented on a split-history-adjusted basis factoring in the complete LOW split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
12/06/2024 |
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| Start price/share: |
$65.84 |
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| End price/share: |
$273.43 |
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| Starting shares: |
151.88 |
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| Ending shares: |
181.63 |
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| Dividends reinvested/share: |
$25.19 |
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| Total return: |
396.62% |
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| Average Annual Total Return: |
17.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$49,652.49 |
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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: |
12/09/2014 |
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| End date: |
12/06/2024 |
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| Start price/share: |
$65.84 |
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| End price/share: |
$273.43 |
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| Dividends collected/share: |
$25.19 |
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| Total return: |
353.55% |
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| Average Annual Total Return: |
16.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$45,346.52 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/29/1992 | 2 for 1
| | 04/04/1994 | 2 for 1
| | 06/29/1998 | 2 for 1
| | 07/02/2001 | 2 for 1 | | 07/03/2006 | 2 for 1 |
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