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Video: What is a Stock Split?
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News is a media and information services company focused on creating and distributing content and other products and services to consumers and businesses. Co. comprises businesses across a range of media, including digital real estate services, subscription video services in Australia, news and information services and book publishing, that are distributed under various brands, including The Wall Street Journal, Barron's, Dow Jones, The Australian, Herald Sun, The Sun, The Times, HarperCollins Publishers, Foxtel, FOX SPORTS Australia, realestate.com.au, Realtor.com®, talkSPORT, and OPIS, among others. Co. distributes its content and products and services to consumers. According to our NWS split history records, News has had 2 splits. | |
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News (NWS) has 2 splits in our NWS split history database. The first split for NWS took place on November 21, 1994. This was a 3 for 1
split, meaning for each share of NWS owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. NWS's second split took place on November 03, 2004. This was a 2 for 1 split, meaning for each share of NWS owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as News 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 NWS split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into News shares, starting with a $10,000 purchase of NWS, presented on a split-history-adjusted basis factoring in the complete NWS split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
09/17/2014 |
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End date: |
09/13/2024 |
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Start price/share: |
$16.67 |
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End price/share: |
$27.38 |
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Starting shares: |
599.88 |
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Ending shares: |
675.74 |
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Dividends reinvested/share: |
$1.90 |
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Total return: |
85.02% |
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Average Annual Total Return: |
6.35% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,505.54 |
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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: |
09/17/2014 |
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End date: |
09/13/2024 |
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Start price/share: |
$16.67 |
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End price/share: |
$27.38 |
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Dividends collected/share: |
$1.90 |
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Total return: |
75.64% |
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Average Annual Total Return: |
5.80% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,570.72 |
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Years: |
10.00 |
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Date |
Ratio |
11/21/1994 | 3 for 1
| 11/03/2004 | 2 for 1 |
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