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 Video: What is a Stock Split?
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| Under Armour is engaged in the development, marketing and distribution of apparel, footwear and accessories for men, women and youth. Co. provides HEATGEAR®, which is designed to be worn in warm to hot temperatures under equipment or as a single layer; and COLDGEAR®, which is designed to wick moisture from the body while circulating body heat from hot spots to help maintain core body temperature. Co.'s footwear products include running, basketball, cleated sports, slides, training, and outdoor. Co. provides digital fitness subscriptions, along with digital advertising through its MapMyFitness, MyFitnessPal and Endomondo applications. According to our UA split history records, Under Armour has had 5 splits. | |
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Under Armour (UA) has 5 splits in our UA split history database. The first split for UA took place on July 10, 2012. This was a 2 for 1 split, meaning for each share of UA 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. UA's second split took place on April 15, 2014. This was a 2 for 1 split, meaning for each share of UA 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. UA's third split took place on April 08, 2016. This was a 2 for 1 split, meaning for each share of UA 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. UA's 4th split took place on June 13, 2016. This was a 100709 for 100000 split, meaning for each 100000 shares of UA owned pre-split, the shareholder now owned 100709 shares. For example, a 8000 share position pre-split, became a 8056.72 share position following the split. UA's 5th split took place on June 20, 2016.
When a company such as Under Armour 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 UA split history from start to finish, an original position size of 1000 shares would have turned into 8056.72 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Under Armour shares, starting with a $10,000 purchase of UA, presented on a split-history-adjusted basis factoring in the complete UA split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/01/2015 |
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| End date: |
06/22/2021 |
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| Start price/share: |
$41.83 |
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| End price/share: |
$17.82 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-57.40% |
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| Average Annual Total Return: |
-13.30% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$4,258.96 |
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| Years: |
5.98 |
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| Date |
Ratio |
| 07/10/2012 | 2 for 1 | | 04/15/2014 | 2 for 1 | | 04/08/2016 | 2 for 1 | | 06/13/2016 | 100709 for 100000 | | 06/20/2016 | 1 for 1 |
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