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Video: What is a Stock Split?
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Movado Group, Inc. designs, sources, markets, and distributes watches globally. Co. operates through two segments: Watch and Accessory Brands and Co. Stores. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches and, to a lesser extent, jewelry and other accessories, of owned and licensed brands, in addition to after-sales service activities and shipping. Co. Stores segment includes its retail outlet business. Its portfolio of watch brands consists of owned brands, such as MOVADO, CONCORD, EBEL, OLIVIA BURTON and MVMT as well as licensed brands, such as COACH, TOMMY HILFIGER, HUGO BOSS, LACOSTE, and CALVIN KLEIN. According to our MOV split history records, Movado Group has had 1 split. | |
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Movado Group (MOV) has 1 split in our MOV split history database. The split for MOV took place on June 28, 2004. This was a 2 for 1 split, meaning for each share of MOV 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.
When a company such as Movado Group 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 MOV split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Movado Group shares, starting with a $10,000 purchase of MOV, presented on a split-history-adjusted basis factoring in the complete MOV split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/11/2015 |
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End date: |
02/10/2025 |
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Start price/share: |
$25.24 |
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End price/share: |
$19.46 |
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Starting shares: |
396.20 |
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Ending shares: |
551.76 |
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Dividends reinvested/share: |
$9.23 |
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Total return: |
7.37% |
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Average Annual Total Return: |
0.71% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,733.54 |
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Years: |
10.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/11/2015 |
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End date: |
02/10/2025 |
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Start price/share: |
$25.24 |
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End price/share: |
$19.46 |
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Dividends collected/share: |
$9.23 |
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Total return: |
13.67% |
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Average Annual Total Return: |
1.29% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,368.32 |
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Years: |
10.01 |
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Date |
Ratio |
06/28/2004 | 2 for 1 |
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