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 Video: What is a Stock Split?
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| Village Super Market is engaged in the retail sale of food and nonfood products. Co. operates supermarkets in New Jersey, New York, Maryland and Pennsylvania under the ShopRite and Fairway banners and Gourmet Garage specialty markets in New York City. Co. is a member of Wakefern Food Corporation, a retailer-owned food cooperative and owner of the ShopRite, Fairway and Gourmet Garage names. Co. provides a variety of national branded and locally sourced food products, including grocery, meat, produce, dairy, deli, seafood, prepared foods, bakery and frozen foods as well as non-food product offerings, including health and beauty care, general merchandise, liquor and in-store pharmacies. According to our VLGEA split history records, Village Super Market has had 2 splits. | |
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Village Super Market (VLGEA) has 2 splits in our VLGEA split history database. The first split for VLGEA took place on April 27, 2007. This was a 2 for 1 split, meaning for each share of VLGEA 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. VLGEA's second split took place on January 23, 2009. This was a 2 for 1 split, meaning for each share of VLGEA 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 Village Super Market 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 VLGEA 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 Village Super Market shares, starting with a $10,000 purchase of VLGEA, presented on a split-history-adjusted basis factoring in the complete VLGEA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$25.05 |
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| End price/share: |
$27.55 |
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| Starting shares: |
399.20 |
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| Ending shares: |
593.46 |
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| Dividends reinvested/share: |
$10.00 |
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| Total return: |
63.50% |
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| Average Annual Total Return: |
5.04% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,351.11 |
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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: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$25.05 |
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| End price/share: |
$27.55 |
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| Dividends collected/share: |
$10.00 |
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| Total return: |
49.90% |
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| Average Annual Total Return: |
4.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,988.52 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/27/2007 | 2 for 1 | | 01/23/2009 | 2 for 1 |
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