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Video: What is a Stock Split?
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Performance Food Group is a holding company. Through its subsidiaries, Co. markets and distributes food and food-related products to its customers. Co.'s segments are: Foodservice, which distributes a line of national brands, customer brands, and its proprietary-branded food and food-related products, or Performance Brands; Vistar, which focuses on distributing candy, snacks, beverages, and other items nationally to vending, office coffee service, theater, retail, hospitality, and other channels; and Convenience, which distributes candy, snacks, beverages, cigarettes, other tobacco products, food and foodservice related products, and other items to convenience stores across North America. According to our PFGC split history records, Performance Food Group has had 2 splits. | |
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Performance Food Group (PFGC) has 2 splits in our PFGC split history database. The first split for PFGC took place on July 16, 1996. This was a 3 for 2
split, meaning for each 2
shares of PFGC 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. PFGC's second split took place on May 01, 2001. This was a 2 for 1 split, meaning for each share of PFGC owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as Performance Food Group 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 PFGC split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Performance Food Group shares, starting with a $10,000 purchase of PFGC, presented on a split-history-adjusted basis factoring in the complete PFGC split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/01/2015 |
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End date: |
03/27/2024 |
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Start price/share: |
$19.20 |
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End price/share: |
$75.75 |
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Dividends collected/share: |
$0.00 |
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Total return: |
294.53% |
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Average Annual Total Return: |
17.54% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$39,454.60 |
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Years: |
8.49 |
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Date |
Ratio |
07/16/1996 | 3 for 2
| 05/01/2001 | 2 for 1 |
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