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 Video: What is a Stock Split?
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| Valero Energy Corporation, through its subsidiaries, is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels, and petrochemical products. Co. sells its products primarily in the U.S., Canada, the United Kingdom, Ireland and Latin America. Co. operates through three segments: Refining, Renewable Diesel, and Ethanol. The Refining segment includes the operations of its petroleum refineries, the associated activities to market its refined petroleum products, and the logistics assets that support those operations. According to our VLO split history records, Valero Energy has had 3 splits. | |
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Valero Energy (VLO) has 3 splits in our VLO split history database. The first split for VLO took place on October 08, 2004. This was a 2 for 1 split, meaning for each share of VLO 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. VLO's second split took place on December 16, 2005. This was a 2 for 1 split, meaning for each share of VLO 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. VLO's third split took place on May 02, 2013. This was a 1094 for 1000 split, meaning for each 1000 shares of VLO owned pre-split, the shareholder now owned 1094 shares. For example, a 4000 share position pre-split, became a 4376 share position following the split.
When a company such as Valero Energy 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 VLO split history from start to finish, an original position size of 1000 shares would have turned into 4376 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Valero Energy shares, starting with a $10,000 purchase of VLO, presented on a split-history-adjusted basis factoring in the complete VLO split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/01/2015 |
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| End date: |
04/29/2025 |
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| Start price/share: |
$58.90 |
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| End price/share: |
$115.52 |
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| Starting shares: |
169.78 |
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| Ending shares: |
253.84 |
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| Dividends reinvested/share: |
$34.55 |
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| Total return: |
193.23% |
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| Average Annual Total Return: |
11.35% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$29,310.97 |
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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: |
05/01/2015 |
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| End date: |
04/29/2025 |
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| Start price/share: |
$58.90 |
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| End price/share: |
$115.52 |
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| Dividends collected/share: |
$34.55 |
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| Total return: |
154.79% |
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| Average Annual Total Return: |
9.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25,476.20 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/08/2004 | 2 for 1 | | 12/16/2005 | 2 for 1 | | 05/02/2013 | 1094 for 1000 |
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