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 Video: What is a Stock Split?
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| National Bankshares, Inc. is the holding company of The National Bank of Blacksburg, which does business as National Bank (the Bank), and of National Bankshares Financial Services, Inc. The Bank offers a full range of retail and commercial banking services to individuals, businesses, non-profits and local governments. It operates 27 full-service offices which are located across central Virginia, and two loan production offices in Roanoke and Charlottesville, Virginia. It offers telephone, mobile and Internet banking, and it operates automated teller machines in its service area. The Bank is focused on lending to small and mid-sized businesses and individuals. According to our NKSH split history records, National Bankshares has had 1 split. | |
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National Bankshares (NKSH) has 1 split in our NKSH split history database. The split for NKSH took place on April 03, 2006. This was a 2 for 1 split, meaning for each share of NKSH 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 National Bankshares 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 NKSH 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 National Bankshares shares, starting with a $10,000 purchase of NKSH, presented on a split-history-adjusted basis factoring in the complete NKSH split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
07/19/2016 |
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| End date: |
07/17/2026 |
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| Start price/share: |
$34.57 |
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| End price/share: |
$36.59 |
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| Starting shares: |
289.27 |
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| Ending shares: |
445.10 |
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| Dividends reinvested/share: |
$14.99 |
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| Total return: |
62.86% |
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| Average Annual Total Return: |
5.00% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,288.95 |
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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: |
07/19/2016 |
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| End date: |
07/17/2026 |
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| Start price/share: |
$34.57 |
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| End price/share: |
$36.59 |
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| Dividends collected/share: |
$14.99 |
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| Total return: |
49.20% |
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| Average Annual Total Return: |
4.08% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,916.70 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/03/2006 | 2 for 1 |
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