 |
Video: What is a Stock Split?
|
 |
THOR Industries, Inc. manufactures and sells a variety of recreational vehicles (RVs) and related parts in the U.S., Canada, and Europe. Its operations are divided into three segments: North American Towable RVs (including brands like Airstream, Heartland, Jayco, Keystone, and KZ), North American Motorized RVs (including Airstream, Jayco, Thor Motor Coach, and the Tiffin Group), and European RVs (EHG business). THOR primarily distributes its products to independent, non-franchise dealers across these regions. According to our THO split history records, Thor Industries has had 4 splits. | |
 |

Thor Industries (THO) has 4 splits in our THO split history database. The first split for THO took place on May 12, 1992. This was a 3 for 2
split, meaning for each 2
shares of THO 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. THO's second split took place on April 07, 1998. This was a 3 for 2
split, meaning for each 2
shares of THO owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. THO's third split took place on July 09, 2002. This was a 2 for 1 split, meaning for each share of THO owned pre-split, the shareholder now owned 2 shares. For example, a 2250 share position pre-split, became a 4500 share position following the split. THO's 4th split took place on January 27, 2004. This was a 2 for 1 split, meaning for each share of THO owned pre-split, the shareholder now owned 2 shares. For example, a 4500 share position pre-split, became a 9000 share position following the split.
When a company such as Thor Industries 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 THO split history from start to finish, an original position size of 1000 shares would have turned into 9000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Thor Industries shares, starting with a $10,000 purchase of THO, presented on a split-history-adjusted basis factoring in the complete THO split history.

Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
02/12/2015 |
|
End date: |
02/10/2025 |
|
Start price/share: |
$59.63 |
|
End price/share: |
$101.16 |
|
Starting shares: |
167.70 |
|
Ending shares: |
203.22 |
|
Dividends reinvested/share: |
$15.78 |
|
Total return: |
105.58% |
|
Average Annual Total Return: |
7.47% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$20,556.93 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
02/12/2015 |
|
End date: |
02/10/2025 |
|
Start price/share: |
$59.63 |
|
End price/share: |
$101.16 |
|
Dividends collected/share: |
$15.78 |
|
Total return: |
96.11% |
|
Average Annual Total Return: |
6.97% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$19,620.05 |
|
Years: |
10.00 |
|
|
 |
Date |
Ratio |
05/12/1992 | 3 for 2
| 04/07/1998 | 3 for 2
| 07/09/2002 | 2 for 1 | 01/27/2004 | 2 for 1 |
|
 |