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Video: What is a Stock Split?
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The Company and its subsidiaries is a designer importer marketer and distributor of infant and juvenile and gift consumer products. It currently operates in two segments: its infant and juvenile segment. According to our RUS split history records, RUS has had 1 split. | |
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RUS (RUS) has 1 split in our RUS split history database. The split for RUS took place on April 01, 1993. This was a 3 for 2
split, meaning for each 2
shares of RUS 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.
When a company such as RUS 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 RUS split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RUS shares, starting with a $10,000 purchase of RUS, presented on a split-history-adjusted basis factoring in the complete RUS split history.
RUS -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
04/01/1993 | 3 for 2
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