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 Video: What is a Stock Split?
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| Tredegar Corporation is engaged, through its subsidiaries, in the manufacture of aluminum extrusions, polyethylene (PE) plastic films and polyester (PET) films. Its segments include Aluminum Extrusions, PE Films and Flexible Packaging Films. The Aluminum Extrusions segment, also referred to as Bonnell Aluminum, produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished, for the building and construction, automotive and transportation, consumer durables goods, machinery and equipment, electrical and renewable energy, and distribution markets. PE Films segment produces surface protection films, polyethylene overwrap films and films for other markets. According to our TG split history records, Tredegar has had 2 splits. | |
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Tredegar (TG) has 2 splits in our TG split history database. The first split for TG took place on January 03, 1996. This was a 3 for 2
split, meaning for each 2
shares of TG 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. TG's second split took place on July 02, 1998. This was a 3 for 1
split, meaning for each share of TG owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 4500 share position following the split.
When a company such as Tredegar 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 TG split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Tredegar shares, starting with a $10,000 purchase of TG, presented on a split-history-adjusted basis factoring in the complete TG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2015 |
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| End date: |
12/10/2025 |
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| Start price/share: |
$14.26 |
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| End price/share: |
$7.68 |
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| Starting shares: |
701.26 |
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| Ending shares: |
1,255.71 |
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| Dividends reinvested/share: |
$9.58 |
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| Total return: |
-3.56% |
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| Average Annual Total Return: |
-0.36% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,645.59 |
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| Years: |
10.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/11/2015 |
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| End date: |
12/10/2025 |
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| Start price/share: |
$14.26 |
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| End price/share: |
$7.68 |
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| Dividends collected/share: |
$9.58 |
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| Total return: |
21.04% |
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| Average Annual Total Return: |
1.93% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,107.81 |
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| Years: |
10.01 |
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| Date |
Ratio |
| 01/03/1996 | 3 for 2
| | 07/02/1998 | 3 for 1
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