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 Video: What is a Stock Split?
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| Pitney Bowes Inc. is a shipping and mailing company. Co. provides technology, logistics, and financial services to small and medium sized businesses, large enterprises, retailers, and government clients. Its segments include Global Ecommerce, Presort Services and SendTech Solutions. The Global Ecommerce segment offers domestic parcel services, cross-border solutions, and digital delivery services. Its domestic parcel services offer retailers a parcel delivery and returns network for end consumers. According to our PBI split history records, Pitney Bowes has had 4 splits. | |
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Pitney Bowes (PBI) has 4 splits in our PBI split history database. The first split for PBI took place on May 24, 1983. This was a 2 for 1
split, meaning for each share of PBI 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. PBI's second split took place on November 14, 1986. This was a 2 for 1
split, meaning for each share of PBI 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. PBI's third split took place on June 03, 1992. This was a 2 for 1
split, meaning for each share of PBI 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. PBI's 4th split took place on January 20, 1998. This was a 2 for 1
split, meaning for each share of PBI 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 Pitney Bowes 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 PBI 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 Pitney Bowes shares, starting with a $10,000 purchase of PBI, presented on a split-history-adjusted basis factoring in the complete PBI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$25.20 |
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| End price/share: |
$7.80 |
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| Starting shares: |
396.83 |
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| Ending shares: |
640.42 |
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| Dividends reinvested/share: |
$4.21 |
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| Total return: |
-50.05% |
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| Average Annual Total Return: |
-6.70% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$4,997.28 |
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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: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$25.20 |
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| End price/share: |
$7.80 |
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| Dividends collected/share: |
$4.21 |
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| Total return: |
-52.35% |
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| Average Annual Total Return: |
-7.14% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$4,766.49 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/24/1983 | 2 for 1
| | 11/14/1986 | 2 for 1
| | 06/03/1992 | 2 for 1
| | 01/20/1998 | 2 for 1
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