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 Video: What is a Stock Split?
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| NortonLifeLock is a provider of consumer cyber safety solutions. Co.'s portfolio provides protection across various Cyber Safety categories, including security, identity protection and online privacy. Co.'s Cyber Safety solutions and services include: Norton 360 and Avira offerings, which provide protection for personal computers, Macs and mobile devices against malware, viruses, adware, ransomware and other online threats; Norton and LifeLock identity theft protection solution, which includes monitoring, alerts and restoration services to help safeguard its customers' personal information; and VPN solution, which enhances security and online privacy by providing an encrypted data tunnel. According to our NLOK split history records, NLOK has had 4 splits. | |
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NLOK (NLOK) has 4 splits in our NLOK split history database. The first split for NLOK took place on October 28, 1991. This was a 2 for 1
split, meaning for each share of NLOK 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. NLOK's second split took place on February 01, 2002. This was a 2 for 1 split, meaning for each share of NLOK owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. NLOK's third split took place on November 20, 2003. This was a 2 for 1 split, meaning for each share of NLOK owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. NLOK's 4th split took place on December 01, 2004. This was a 2 for 1 split, meaning for each share of NLOK owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as NLOK 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 NLOK split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NLOK shares, starting with a $10,000 purchase of NLOK, presented on a split-history-adjusted basis factoring in the complete NLOK split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
11/07/2022 |
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| Start price/share: |
$20.07 |
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| End price/share: |
$21.66 |
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| Starting shares: |
498.26 |
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| Ending shares: |
1,237.18 |
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| Dividends reinvested/share: |
$19.75 |
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| Total return: |
167.97% |
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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: |
$26,789.99 |
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| Years: |
8.53 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
11/07/2022 |
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| Start price/share: |
$20.07 |
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| End price/share: |
$21.66 |
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| Dividends collected/share: |
$19.75 |
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| Total return: |
106.33% |
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| Average Annual Total Return: |
8.86% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,636.85 |
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| Years: |
8.53 |
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| Date |
Ratio |
| 10/28/1991 | 2 for 1
| | 02/01/2002 | 2 for 1 | | 11/20/2003 | 2 for 1 | | 12/01/2004 | 2 for 1 |
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