 |
 Video: What is a Stock Split?
|
|
|
| Limited Brands is a retailer of women's intimate and other apparel, beauty and personal care products and accessories. Co. sells its merchandise through specialty retail stores in the U.S. and Canada, which are primarily mall-based, and through websites, catalogue and international franchise, license and wholesale partners. Co. operates the following retail brands: Victoria's Secret, Victoria's Secret Pink, Bath & Body Works, La Senza and Henri Bendel. Co. has two reportable segments: Victoria's Secret, a retailer of women's intimate and other apparel; and Bath & Body Works, a retailer of home fragrance and personal care products. At Feb 2 2013, Co. operated a total of 2,876 stores. According to our LTD split history records, LTD has had 3 splits. | |
|
LTD (LTD) has 3 splits in our LTD split history database. The first split for LTD took place on June 24, 1986. This was a 3 for 2
split, meaning for each 2
shares of LTD owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. LTD's second split took place on June 20, 1990. This was a 2 for 1
split, meaning for each share of LTD owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. LTD's third split took place on May 31, 2000. This was a 2 for 1
split, meaning for each share of LTD owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as LTD 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 LTD split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LTD shares, starting with a $10,000 purchase of LTD, presented on a split-history-adjusted basis factoring in the complete LTD split history.
LTD -- use the split history when considering split-adjusted past price performance. |
|
| Date |
Ratio |
| 06/24/1986 | 3 for 2
| | 06/20/1990 | 2 for 1
| | 05/31/2000 | 2 for 1
|
|
|
Free LTD Email Alerts:
