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 Video: What is a Stock Split?
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| Unum Group is an insurance holding company. Through its subsidiaries, Co. is a provider of financial protection benefits. Co. business segments are: Unum US, which includes group disability, group life and accidental death and dismemberment, and supplemental and voluntary lines of business; Unum International, which includes long-term disability, group life, and supplemental lines of business which include dental, individual disability, and critical illness products; and Colonial Life, which includes accident, sickness, and disability products consisting of dental and vision products, life products, and cancer and critical illness products. According to our UNM split history records, Unum Group has had 2 splits. | |
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Unum Group (UNM) has 2 splits in our UNM split history database. The first split for UNM took place on March 10, 1992. This was a 2 for 1
split, meaning for each share of UNM 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. UNM's second split took place on June 03, 1997. This was a 2 for 1
split, meaning for each share of UNM 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 Unum Group 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 UNM 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 Unum Group shares, starting with a $10,000 purchase of UNM, presented on a split-history-adjusted basis factoring in the complete UNM split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/05/2013 |
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| End date: |
06/02/2023 |
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| Start price/share: |
$27.49 |
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| End price/share: |
$44.89 |
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| Starting shares: |
363.77 |
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| Ending shares: |
493.78 |
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| Dividends reinvested/share: |
$9.54 |
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| Total return: |
121.66% |
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| Average Annual Total Return: |
8.29% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,171.18 |
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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: |
06/05/2013 |
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| End date: |
06/02/2023 |
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| Start price/share: |
$27.49 |
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| End price/share: |
$44.89 |
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| Dividends collected/share: |
$9.54 |
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| Total return: |
98.00% |
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| Average Annual Total Return: |
7.07% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,796.88 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/10/1992 | 2 for 1
| | 06/03/1997 | 2 for 1
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