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 Video: What is a Stock Split?
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| Ellis (Perry) International designs, manufactures, markets and distributes apparel and accessories. Co. sells its products under its owned global brands, licensed brands and private retailer labels. Co.'s segments are: Men's Sportswear and Swim, Women's Sportswear, Direct-to-Consumer and Licensing. The Men's Sportswear and Swim and Women's Sportswear segments design, import and distribute apparel to department stores and other retail outlets. The Direct-to-Consumer segment sells Co.'s branded and licensed products through Co.'s retail stores and e-commerce platform. The Licensing segment receives royalties associated from the use of Co.'s brand names, including Perry Ellis. According to our PERY split history records, PERY has had 2 splits. | |
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PERY (PERY) has 2 splits in our PERY split history database. The first split for PERY took place on August 18, 1997. This was a 3 for 2
split, meaning for each 2
shares of PERY owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. PERY's second split took place on January 03, 2007. This was a 3 for 2 split, meaning for each 2 shares of PERY owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as PERY 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 PERY split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PERY shares, starting with a $10,000 purchase of PERY, presented on a split-history-adjusted basis factoring in the complete PERY split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
10/22/2018 |
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| Start price/share: |
$15.18 |
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| End price/share: |
$27.50 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
81.16% |
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| Average Annual Total Return: |
14.10% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,114.27 |
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| Years: |
4.50 |
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| Date |
Ratio |
| 08/18/1997 | 3 for 2
| | 01/03/2007 | 3 for 2 |
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