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 Video: What is a Stock Split?
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| Luby's is in the process of liquidating and dissolving its business. According to our LUB split history records, LUB has had 2 splits. | |
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LUB (LUB) has 2 splits in our LUB split history database. The first split for LUB took place on August 12, 1986. This was a 3 for 2
split, meaning for each 2
shares of LUB 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. LUB's second split took place on August 06, 1990. This was a 3 for 2
split, meaning for each 2
shares of LUB owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as LUB 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 LUB split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LUB shares, starting with a $10,000 purchase of LUB, presented on a split-history-adjusted basis factoring in the complete LUB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
06/27/2022 |
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| Start price/share: |
$4.99 |
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| End price/share: |
$1.78 |
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| Starting shares: |
2,004.01 |
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| Ending shares: |
4,549.77 |
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| Dividends reinvested/share: |
$2.70 |
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| Total return: |
-19.01% |
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| Average Annual Total Return: |
-2.69% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,101.57 |
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| Years: |
7.72 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
06/27/2022 |
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| Start price/share: |
$4.99 |
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| End price/share: |
$1.78 |
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| Dividends collected/share: |
$2.70 |
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| Total return: |
-10.22% |
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| Average Annual Total Return: |
-1.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,975.66 |
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| Years: |
7.72 |
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| Date |
Ratio |
| 08/12/1986 | 3 for 2
| | 08/06/1990 | 3 for 2
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