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 Video: What is a Stock Split?
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| Silgan Holdings Inc. is a manufacturer of sustainable rigid packaging solutions for essential consumer goods products. Co.'s segments include dispensing and specialty closures, metal containers and custom containers. The dispensing and specialty closures segment manufactures and sells dispensing systems and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products. The metal containers segment is engaged in the manufacture and sale of steel and aluminum containers for pet and human food and general line products. According to our SLGN split history records, Silgan Holdings has had 3 splits. | |
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Silgan Holdings (SLGN) has 3 splits in our SLGN split history database. The first split for SLGN took place on September 16, 2005. This was a 2 for 1 split, meaning for each share of SLGN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. SLGN's second split took place on May 04, 2010. This was a 2 for 1 split, meaning for each share of SLGN owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. SLGN's third split took place on May 30, 2017. This was a 2 for 1 split, meaning for each share of SLGN owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as Silgan Holdings 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 SLGN split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Silgan Holdings shares, starting with a $10,000 purchase of SLGN, presented on a split-history-adjusted basis factoring in the complete SLGN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
07/21/2015 |
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| End date: |
07/18/2025 |
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| Start price/share: |
$26.31 |
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| End price/share: |
$55.20 |
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| Starting shares: |
380.08 |
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| Ending shares: |
437.89 |
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| Dividends reinvested/share: |
$5.26 |
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| Total return: |
141.71% |
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| Average Annual Total Return: |
9.23% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,177.94 |
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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: |
07/21/2015 |
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| End date: |
07/18/2025 |
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| Start price/share: |
$26.31 |
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| End price/share: |
$55.20 |
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| Dividends collected/share: |
$5.26 |
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| Total return: |
129.80% |
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| Average Annual Total Return: |
8.68% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,987.74 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/16/2005 | 2 for 1 | | 05/04/2010 | 2 for 1 | | 05/30/2017 | 2 for 1 |
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