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 Video: What is a Stock Split?
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| Vector Group is a holding company. Through its subsidiaries, Co. is engaged principally in two business segments: Tobacco, which is engaged in the manufacture and sale of cigarettes in the U.S. through its Liggett Group LLC (Liggett) and Vector Tobacco LLC subsidiaries; and Real Estate, which is focused on the real estate investment business through its subsidiary, New Valley LLC, in which it has interests in various real estate projects across the U.S. and is seeking to acquire or invest in additional real estate properties or projects. Liggett's brand portfolio includes: Eagle 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, USA and various partner brands and private label brands. According to our VGR split history records, Vector Group has had 18 splits. | |
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Vector Group (VGR) has 18 splits in our VGR split history database. The first split for VGR took place on September 22, 1999. This was a 105 for 100
split, meaning for each 100
shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. VGR's second split took place on September 20, 2000. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1050 share position pre-split, became a 1102.5 share position following the split. VGR's third split took place on September 19, 2001. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1102.5 share position pre-split, became a 1157.625 share position following the split. VGR's 4th split took place on September 18, 2002. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1157.625 share position pre-split, became a 1215.50625 share position following the split. VGR's 5th split took place on September 17, 2003. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1215.50625 share position pre-split, became a 1276.2815625 share position following the split. VGR's 6th split took place on September 16, 2004. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1276.2815625 share position pre-split, became a 1340.095640625 share position following the split. VGR's 7th split took place on September 16, 2005. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1340.095640625 share position pre-split, became a 1407.10042265625 share position following the split. VGR's 8th split took place on September 18, 2006. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1407.10042265625 share position pre-split, became a 1477.45544378906 share position following the split. VGR's 9th split took place on September 18, 2007. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1477.45544378906 share position pre-split, became a 1551.32821597852 share position following the split. VGR's 10th split took place on September 19, 2008. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1551.32821597852 share position pre-split, became a 1628.89462677744 share position following the split. VGR's 11th split took place on September 12, 2013. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1628.89462677744 share position pre-split, became a 1710.33935811631 share position following the split. VGR's 12th split took place on September 11, 2014. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1710.33935811631 share position pre-split, became a 1795.85632602213 share position following the split. VGR's 13th split took place on September 14, 2015. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1795.85632602213 share position pre-split, became a 1885.64914232324 share position following the split. VGR's 14th split took place on September 19, 2016. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1885.64914232324 share position pre-split, became a 1979.9315994394 share position following the split. VGR's 15th split took place on September 30, 2016. VGR's 16th split took place on September 19, 2017. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 1979.9315994394 share position pre-split, became a 2078.92817941137 share position following the split. VGR's 17th split took place on September 17, 2018. This was a 105 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 105 shares. For example, a 2078.92817941137 share position pre-split, became a 2182.87458838194 share position following the split. VGR's 18th split took place on December 30, 2021. This was a 141 for 100 split, meaning for each 100 shares of VGR owned pre-split, the shareholder now owned 141 shares. For example, a 2182.87458838194 share position pre-split, became a 3077.85316961853 share position following the split.
When a company such as Vector 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 VGR split history from start to finish, an original position size of 1000 shares would have turned into 3077.85316961853 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Vector Group shares, starting with a $10,000 purchase of VGR, presented on a split-history-adjusted basis factoring in the complete VGR split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$11.96 |
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| End price/share: |
$14.99 |
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| Starting shares: |
836.12 |
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| Ending shares: |
1,870.52 |
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| Dividends reinvested/share: |
$8.82 |
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| Total return: |
180.39% |
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| Average Annual Total Return: |
10.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$28,047.55 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$11.96 |
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| End price/share: |
$14.99 |
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| Dividends collected/share: |
$8.82 |
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| Total return: |
99.04% |
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| Average Annual Total Return: |
7.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,904.31 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 09/22/1999 | 105 for 100
| | 09/20/2000 | 105 for 100 | | 09/19/2001 | 105 for 100 | | 09/18/2002 | 105 for 100 | | 09/17/2003 | 105 for 100 | | 09/16/2004 | 105 for 100 | | 09/16/2005 | 105 for 100 | | 09/18/2006 | 105 for 100 | | 09/18/2007 | 105 for 100 | | 09/19/2008 | 105 for 100 | | 09/12/2013 | 105 for 100 | | 09/11/2014 | 105 for 100 | | 09/14/2015 | 105 for 100 | | 09/19/2016 | 105 for 100 | | 09/30/2016 | 1 for 1 | | 09/19/2017 | 105 for 100 | | 09/17/2018 | 105 for 100 | | 12/30/2021 | 141 for 100 |
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