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Video: What is a Stock Split?
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The Toro Co. is a worldwide provider of solutions for the outdoor environment, including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. Co. operates through two segments: Professional and Residential. The Professional segment consists of turf and landscape equipment; rental, specialty, and underground construction equipment; snow and ice management equipment, and irrigation and lighting products. According to our TTC split history records, Toro has had 4 splits. | |
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Toro (TTC) has 4 splits in our TTC split history database. The first split for TTC took place on April 15, 2003. This was a 2 for 1 split, meaning for each share of TTC 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. TTC's second split took place on April 13, 2005. This was a 2 for 1 split, meaning for each share of TTC 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. TTC's third split took place on July 02, 2012. This was a 2 for 1 split, meaning for each share of TTC owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. TTC's 4th split took place on September 19, 2016. This was a 2 for 1 split, meaning for each share of TTC owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as Toro 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 TTC split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Toro shares, starting with a $10,000 purchase of TTC, presented on a split-history-adjusted basis factoring in the complete TTC split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/12/2015 |
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End date: |
02/10/2025 |
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Start price/share: |
$34.00 |
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End price/share: |
$80.07 |
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Starting shares: |
294.12 |
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Ending shares: |
335.29 |
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Dividends reinvested/share: |
$9.56 |
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Total return: |
168.47% |
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Average Annual Total Return: |
10.38% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$26,854.77 |
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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: |
02/12/2015 |
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End date: |
02/10/2025 |
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Start price/share: |
$34.00 |
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End price/share: |
$80.07 |
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Dividends collected/share: |
$9.56 |
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Total return: |
163.61% |
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Average Annual Total Return: |
10.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$26,372.00 |
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Years: |
10.00 |
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Date |
Ratio |
04/15/2003 | 2 for 1 | 04/13/2005 | 2 for 1 | 07/02/2012 | 2 for 1 | 09/19/2016 | 2 for 1 |
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