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 Video: What is a Stock Split?
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| Through its subsidiaries it designs sources and markets men's and women's sportswear jeanswear and childrenswear under the Tommy Hilfiger trademarks. Through licensing agreements it also offers an array of fragrances footwear and home furnishings. According to our TOM split history records, TOM has had 2 splits. | |
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TOM (TOM) has 2 splits in our TOM split history database. The first split for TOM took place on January 18, 1995. This was a 2 for 1
split, meaning for each share of TOM 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. TOM's second split took place on July 12, 1999. This was a 2 for 1
split, meaning for each share of TOM 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.
When a company such as TOM 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 TOM split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TOM shares, starting with a $10,000 purchase of TOM, presented on a split-history-adjusted basis factoring in the complete TOM split history.
TOM -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 01/18/1995 | 2 for 1
| | 07/12/1999 | 2 for 1
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