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 Video: What is a Stock Split?
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| LSB Industries is a holding company. Through its subsidiaries, Co. manufactures and markets chemical products for the agricultural, industrial and mining markets. Co.'s business manufactures products for three principal markets: Agricultural Markets, which include ammonia, fertilizer grade ammonium nitrate (AN) and urea ammonia nitrate; Industrial Markets, which include high purity and commercial grade ammonia, high purity AN, sulfuric acids, concentrated, blended and regular nitric acid, mixed nitrating acids, carbon dioxide, and diesel exhaust fluid; and Mining Markets, which include industrial grade AN and AN solutions. According to our LXU split history records, LSB Industries has had 1 split. | |
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LSB Industries (LXU) has 1 split in our LXU split history database. The split for LXU took place on October 12, 2021. This was a 13 for 10 split, meaning for each 10 shares of LXU owned pre-split, the shareholder now owned 13 shares. For example, a 1000 share position pre-split, became a 1300 share position following the split.
When a company such as LSB Industries 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 LXU split history from start to finish, an original position size of 1000 shares would have turned into 1300 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LSB Industries shares, starting with a $10,000 purchase of LXU, presented on a split-history-adjusted basis factoring in the complete LXU split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$29.69 |
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| End price/share: |
$8.05 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-72.89% |
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| Average Annual Total Return: |
-12.24% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$2,709.98 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/12/2021 | 13 for 10 |
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