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Video: What is a Stock Split?
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Olin is a manufacturer concentrated in three segments: Chlor Alkali Products and Vinyls, which manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products and potassium hydroxide; Epoxy, which produces and sells a range of epoxy materials and precursors, including aromatics, allyl chloride, epichlorohydrin, liquid and solid epoxy resins and downstream products; and Winchester, which produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges. According to our OLN split history records, Olin has had 2 splits. | |
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Olin (OLN) has 2 splits in our OLN split history database. The first split for OLN took place on October 31, 1996. This was a 2 for 1
split, meaning for each share of OLN 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. OLN's second split took place on February 09, 1999. This was a 1575 for 1000
split, meaning for each 1000
shares of OLN owned pre-split, the shareholder now owned 1575 shares. For example, a 2000 share position pre-split, became a 3150 share position following the split.
When a company such as Olin 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 OLN split history from start to finish, an original position size of 1000 shares would have turned into 3150 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Olin shares, starting with a $10,000 purchase of OLN, presented on a split-history-adjusted basis factoring in the complete OLN split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$27.73 |
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End price/share: |
$52.82 |
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Starting shares: |
360.62 |
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Ending shares: |
486.61 |
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Dividends reinvested/share: |
$8.00 |
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Total return: |
157.02% |
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Average Annual Total Return: |
9.90% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,695.95 |
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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: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$27.73 |
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End price/share: |
$52.82 |
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Dividends collected/share: |
$8.00 |
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Total return: |
119.33% |
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Average Annual Total Return: |
8.17% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,926.78 |
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Years: |
10.00 |
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Date |
Ratio |
10/31/1996 | 2 for 1
| 02/09/1999 | 1575 for 1000
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