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Video: What is a Stock Split?
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Tiffany & Co. is a holding company that operates through its principal subsidiary, Tiffany and Company and Co.'s other subsidiary companies. Through its subsidiaries, Co. designs and manufactures products and operates TIFFANY & CO. retail stores worldwide, and also sells its products through Internet, catalog, business-to-business and wholesale distribution. Co.'s principal product category is jewelry. Co. provides a selection of TIFFANY & CO. brand jewelry at a range of prices. Co. also sells watches, home and accessories products and fragrances. Co. has four reportable segments: Americas, Asia-Pacific, Japan and Europe. According to our TIF split history records, TIF has had 4 splits. | |
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TIF (TIF) has 4 splits in our TIF split history database. The first split for TIF took place on July 17, 1989. This was a 3 for 2
split, meaning for each 2
shares of TIF 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. TIF's second split took place on July 24, 1996. This was a 2 for 1
split, meaning for each share of TIF owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. TIF's third split took place on July 22, 1999. This was a 2 for 1
split, meaning for each share of TIF owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. TIF's 4th split took place on July 21, 2000. This was a 2 for 1
split, meaning for each share of TIF owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split.
When a company such as TIF 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 TIF split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TIF shares, starting with a $10,000 purchase of TIF, presented on a split-history-adjusted basis factoring in the complete TIF split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
09/12/2014 |
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End date: |
01/08/2021 |
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Start price/share: |
$101.15 |
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End price/share: |
$131.46 |
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Starting shares: |
98.86 |
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Ending shares: |
113.07 |
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Dividends reinvested/share: |
$12.80 |
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Total return: |
48.64% |
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Average Annual Total Return: |
6.46% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,861.30 |
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Years: |
6.33 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/12/2014 |
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End date: |
01/08/2021 |
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Start price/share: |
$101.15 |
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End price/share: |
$131.46 |
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Dividends collected/share: |
$12.80 |
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Total return: |
42.62% |
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Average Annual Total Return: |
5.77% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,262.14 |
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Years: |
6.33 |
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Date |
Ratio |
07/17/1989 | 3 for 2
| 07/24/1996 | 2 for 1
| 07/22/1999 | 2 for 1
| 07/21/2000 | 2 for 1
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