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 Video: What is a Stock Split?
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| Tootsie Roll Industries is engaged in the manufacture and sale of confectionery products. The majority of Co.'s products are sold under the registered trademarks, TOOTSIE ROLL, TOOTSIE POPS, CHILD'S PLAY, CARAMEL APPLE POPS, CHARMS, BLOW-POP, CHARMS MINI POPS, CELLA'S, DOTS, JUNIOR MINTS, CHARLESTON CHEW, SUGAR DADDY, SUGAR BABIES, ANDES, FLUFFY STUFF, DUBBLE BUBBLE, RAZZLES, CRY BABY, NIK-L-NIP, and TUTSI POP (Mexico). Co.'s products are marketed in a variety of packages designed for display and sale in different types of retail outlets. They are sold through Co.'s food and grocery brokers and by Co. itself to its customers throughout the U.S., Canada and Mexico. According to our TR split history records, Tootsie Roll Industries has had 25 splits. | |
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Tootsie Roll Industries (TR) has 25 splits in our TR split history database. The first split for TR took place on July 12, 1995. This was a 2 for 1
split, meaning for each share of TR 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. TR's second split took place on March 07, 1997. This was a 103 for 100
split, meaning for each 100
shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 2000 share position pre-split, became a 2060 share position following the split. TR's third split took place on March 06, 1998. This was a 103 for 100
split, meaning for each 100
shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 2060 share position pre-split, became a 2121.8 share position following the split. TR's 4th split took place on July 14, 1998. This was a 2 for 1
split, meaning for each share of TR owned pre-split, the shareholder now owned 2 shares. For example, a 2121.8 share position pre-split, became a 4243.6 share position following the split. TR's 5th split took place on March 05, 1999. This was a 103 for 100
split, meaning for each 100
shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 4243.6 share position pre-split, became a 4370.908 share position following the split. TR's 6th split took place on March 03, 2000. This was a 103 for 100
split, meaning for each 100
shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 4370.908 share position pre-split, became a 4502.03524 share position following the split. TR's 7th split took place on March 02, 2001. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 4502.03524 share position pre-split, became a 4637.0962972 share position following the split. TR's 8th split took place on March 01, 2002. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 4637.0962972 share position pre-split, became a 4776.209186116 share position following the split. TR's 9th split took place on February 28, 2003. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 4776.209186116 share position pre-split, became a 4919.49546169948 share position following the split. TR's 10th split took place on February 27, 2004. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 4919.49546169948 share position pre-split, became a 5067.08032555047 share position following the split. TR's 11th split took place on March 09, 2005. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 5067.08032555047 share position pre-split, became a 5219.09273531698 share position following the split. TR's 12th split took place on March 08, 2006. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 5219.09273531698 share position pre-split, became a 5375.66551737649 share position following the split. TR's 13th split took place on March 07, 2007. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 5375.66551737649 share position pre-split, became a 5536.93548289778 share position following the split. TR's 14th split took place on March 06, 2008. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 5536.93548289778 share position pre-split, became a 5703.04354738472 share position following the split. TR's 15th split took place on March 06, 2009. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 5703.04354738472 share position pre-split, became a 5874.13485380626 share position following the split. TR's 16th split took place on March 01, 2013. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 5874.13485380626 share position pre-split, became a 6050.35889942045 share position following the split. TR's 17th split took place on February 28, 2014. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 6050.35889942045 share position pre-split, became a 6231.86966640306 share position following the split. TR's 18th split took place on March 06, 2015. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 6231.86966640306 share position pre-split, became a 6418.82575639515 share position following the split. TR's 19th split took place on March 04, 2016. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 6418.82575639515 share position pre-split, became a 6611.39052908701 share position following the split. TR's 20th split took place on March 03, 2017. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 6611.39052908701 share position pre-split, became a 6809.73224495962 share position following the split. TR's 21st split took place on March 05, 2018. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 6809.73224495962 share position pre-split, became a 7014.02421230841 share position following the split. TR's 22nd split took place on March 04, 2021. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 7014.02421230841 share position pre-split, became a 7224.44493867766 share position following the split. TR's 23rd split took place on March 04, 2022. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 7224.44493867766 share position pre-split, became a 7441.17828683799 share position following the split. TR's 24th split took place on March 03, 2023. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 7441.17828683799 share position pre-split, became a 7664.41363544313 share position following the split. TR's 25th split took place on March 05, 2024. This was a 103 for 100 split, meaning for each 100 shares of TR owned pre-split, the shareholder now owned 103 shares. For example, a 7664.41363544313 share position pre-split, became a 7894.34604450642 share position following the split.
When a company such as Tootsie Roll 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 TR split history from start to finish, an original position size of 1000 shares would have turned into 7894.34604450642 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Tootsie Roll Industries shares, starting with a $10,000 purchase of TR, presented on a split-history-adjusted basis factoring in the complete TR split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$22.35 |
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| End price/share: |
$29.47 |
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| Starting shares: |
447.43 |
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| Ending shares: |
497.33 |
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| Dividends reinvested/share: |
$3.20 |
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| Total return: |
46.56% |
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| Average Annual Total Return: |
3.90% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,662.26 |
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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: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$22.35 |
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| End price/share: |
$29.47 |
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| Dividends collected/share: |
$3.20 |
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| Total return: |
46.18% |
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| Average Annual Total Return: |
3.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,619.97 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/12/1995 | 2 for 1
| | 03/07/1997 | 103 for 100
| | 03/06/1998 | 103 for 100
| | 07/14/1998 | 2 for 1
| | 03/05/1999 | 103 for 100
| | 03/03/2000 | 103 for 100
| | 03/02/2001 | 103 for 100 | | 03/01/2002 | 103 for 100 | | 02/28/2003 | 103 for 100 | | 02/27/2004 | 103 for 100 | | 03/09/2005 | 103 for 100 | | 03/08/2006 | 103 for 100 | | 03/07/2007 | 103 for 100 | | 03/06/2008 | 103 for 100 | | 03/06/2009 | 103 for 100 | | 03/01/2013 | 103 for 100 | | 02/28/2014 | 103 for 100 | | 03/06/2015 | 103 for 100 | | 03/04/2016 | 103 for 100 | | 03/03/2017 | 103 for 100 | | 03/05/2018 | 103 for 100 | | 03/04/2021 | 103 for 100 | | 03/04/2022 | 103 for 100 | | 03/03/2023 | 103 for 100 | | 03/05/2024 | 103 for 100 |
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