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 Video: What is a Stock Split?
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| Novo-Nordisk is a healthcare company. Co. is engaged in the discovery, development, manufacturing and marketing of pharmaceutical products and has two segments: diabetes and obesity care and biopharm. The diabetes and obesity care segment covers insulin, GLP-1 and related delivery systems, oral antidiabetic products, obesity and other diseases. The biopharm segment covers the therapy areas of haemophilia, growth disorders and hormone replacement therapy. Co.'s products include NovoLog®/ NovoRapid®, NovoLog Mix®/ NovoMix®, Levemir®, Victoza®, Tresiba®, Ryzodeg®, Xultophy®, Fiasp®, Ozempic®, Saxenda®, Rybelsus® , NovoSeven®, NovoEight®, Rebinyn®/ Refixia®, Norditropin®, Esperoct® and devices. According to our NVO split history records, Novo-Nordisk AS has had 4 splits. | |
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Novo-Nordisk AS (NVO) has 4 splits in our NVO split history database. The first split for NVO took place on April 18, 1994. This was a 4 for 1
split, meaning for each share of NVO owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split. NVO's second split took place on April 11, 2001. This was a 5 for 2 split, meaning for each 2 shares of NVO owned pre-split, the shareholder now owned 5 shares. For example, a 4000 share position pre-split, became a 10000 share position following the split. NVO's third split took place on December 17, 2007. This was a 2 for 1 split, meaning for each share of NVO owned pre-split, the shareholder now owned 2 shares. For example, a 10000 share position pre-split, became a 20000 share position following the split. NVO's 4th split took place on January 09, 2014. This was a 5 for 1 split, meaning for each share of NVO owned pre-split, the shareholder now owned 5 shares. For example, a 20000 share position pre-split, became a 100000 share position following the split.
When a company such as Novo-Nordisk AS 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 NVO split history from start to finish, an original position size of 1000 shares would have turned into 100000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Novo-Nordisk AS shares, starting with a $10,000 purchase of NVO, presented on a split-history-adjusted basis factoring in the complete NVO split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/14/2011 |
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| End date: |
04/13/2021 |
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| Start price/share: |
$25.46 |
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| End price/share: |
$70.77 |
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| Starting shares: |
392.77 |
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| Ending shares: |
478.79 |
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| Dividends reinvested/share: |
$9.12 |
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| Total return: |
238.84% |
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| Average Annual Total Return: |
12.97% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$33,878.29 |
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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: |
04/14/2011 |
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| End date: |
04/13/2021 |
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| Start price/share: |
$25.46 |
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| End price/share: |
$70.77 |
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| Dividends collected/share: |
$9.12 |
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| Total return: |
213.77% |
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| Average Annual Total Return: |
12.11% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$31,384.52 |
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| Years: |
10.01 |
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| Date |
Ratio |
| 04/18/1994 | 4 for 1
| | 04/11/2001 | 5 for 2 | | 12/17/2007 | 2 for 1 | | 01/09/2014 | 5 for 1 |
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