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 Video: What is a Stock Split?
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| Sears Holdings is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). Co. has two segments: Kmart, which includes stores that are mainly free-standing units that carry a range of products, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables and apparel; and Sears Domestic, which includes its full-line stores, specialty stores, commercial sales and home services. Co. operates a number of websites under the sears.com and kmart.com banners which provide products and the capability for its members and customers to engage in cross-channel transactions. According to our SHLD split history records, Global X Funds Global X Defense Tech Etf has had 3 splits. | |
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Global X Funds Global X Defense Tech Etf (SHLD) has 3 splits in our SHLD split history database. The first split for SHLD took place on April 07, 2014. This was a 1234 for 1000 split, meaning for each 1000 shares of SHLD owned pre-split, the shareholder now owned 1234 shares. For example, a 1000 share position pre-split, became a 1234 share position following the split. SHLD's second split took place on October 17, 2014. This was a 1011 for 1000 split, meaning for each 1000 shares of SHLD owned pre-split, the shareholder now owned 1011 shares. For example, a 1234 share position pre-split, became a 1247.574 share position following the split. SHLD's third split took place on November 03, 2014. This was a 1062 for 1000 split, meaning for each 1000 shares of SHLD owned pre-split, the shareholder now owned 1062 shares. For example, a 1247.574 share position pre-split, became a 1324.923588 share position following the split.
When a company such as Global X Funds Global X Defense Tech Etf 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 SHLD split history from start to finish, an original position size of 1000 shares would have turned into 1324.923588 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Global X Funds Global X Defense Tech Etf shares, starting with a $10,000 purchase of SHLD, presented on a split-history-adjusted basis factoring in the complete SHLD split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/14/2023 |
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| End date: |
01/21/2025 |
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| Start price/share: |
$24.89 |
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| End price/share: |
$40.24 |
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| Starting shares: |
401.77 |
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| Ending shares: |
403.99 |
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| Dividends reinvested/share: |
$0.20 |
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| Total return: |
62.57% |
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| Average Annual Total Return: |
43.09% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,256.68 |
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| Years: |
1.36 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/14/2023 |
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| End date: |
01/21/2025 |
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| Start price/share: |
$24.89 |
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| End price/share: |
$40.24 |
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| Dividends collected/share: |
$0.20 |
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| Total return: |
62.47% |
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| Average Annual Total Return: |
43.03% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,247.43 |
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| Years: |
1.36 |
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| Date |
Ratio |
| 04/07/2014 | 1234 for 1000 | | 10/17/2014 | 1011 for 1000 | | 11/03/2014 | 1062 for 1000 |
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