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 Video: What is a Stock Split?
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| Prudential is a holding company. Through its subsidiaries, Co. is an international financial services group. Co. provides life and health insurance and asset management services in Asia and Africa. Co. helps individuals to get the most out of life by making healthcare affordable and accessible by promoting financial inclusion. In Asia, Co. provides savings and protection products in markets challenged by low insurance penetration and a pension funding gap. In Africa, Co. is building businesses in under-penetrated markets. Co.'s life insurance businesses are based in Chinese Mainland, Singapore, Hong Kong, Malaysia and Indonesia. According to our PUK split history records, Prudential has had 1 split. | |
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Prudential (PUK) has 1 split in our PUK split history database. The split for PUK took place on September 20, 2021. This was a 1031 for 1000 split, meaning for each 1000 shares of PUK owned pre-split, the shareholder now owned 1031 shares. For example, a 1000 share position pre-split, became a 1031 share position following the split.
When a company such as Prudential 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 PUK split history from start to finish, an original position size of 1000 shares would have turned into 1031 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Prudential shares, starting with a $10,000 purchase of PUK, presented on a split-history-adjusted basis factoring in the complete PUK 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: |
$44.50 |
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| End price/share: |
$16.48 |
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| Starting shares: |
224.72 |
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| Ending shares: |
324.60 |
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| Dividends reinvested/share: |
$13.20 |
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| Total return: |
-46.51% |
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| Average Annual Total Return: |
-6.07% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,347.09 |
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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: |
$44.50 |
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| End price/share: |
$16.48 |
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| Dividends collected/share: |
$13.20 |
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| Total return: |
-33.30% |
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| Average Annual Total Return: |
-3.97% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,669.87 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/20/2021 | 1031 for 1000 |
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