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 Video: What is a Stock Split?
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| Walgreen is a drugstore chain that sells prescription and non-prescription drugs as well as general merchandise. Co.'s pharmacy, health and wellness services include retail, specialty, infusion and respiratory services, mail service, convenient care clinics and wellness centers. Co.'s Take Care Health Systems, Inc. subsidiary is a manager of in-store convenient care clinics (Healthcare Clinics). At Aug 31 2014, Co. operated 8,309 locations in 50 states, the District of Columbia, Puerto Rico and U.S. Virgin Islands, excluding 437 Healthcare Clinics and 48 worksite pharmacies that are operated primarily within Co.'s Walgreens drugstores or locations of unconsolidated partially owned entities. According to our WAG split history records, WAG has had 4 splits. | |
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WAG (WAG) has 4 splits in our WAG split history database. The first split for WAG took place on February 04, 1991. This was a 2 for 1
split, meaning for each share of WAG 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. WAG's second split took place on August 09, 1995. This was a 2 for 1
split, meaning for each share of WAG 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. WAG's third split took place on August 11, 1997. This was a 2 for 1
split, meaning for each share of WAG 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. WAG's 4th split took place on February 16, 1999. This was a 2 for 1
split, meaning for each share of WAG owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as WAG 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 WAG split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into WAG shares, starting with a $10,000 purchase of WAG, presented on a split-history-adjusted basis factoring in the complete WAG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
12/30/2014 |
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| Start price/share: |
$59.84 |
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| End price/share: |
$76.05 |
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| Starting shares: |
167.11 |
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| Ending shares: |
167.96 |
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| Dividends reinvested/share: |
$0.34 |
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| Total return: |
27.73% |
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| Annualized Gain: |
120.50% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,773.00 |
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| Years: |
0.23 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
12/30/2014 |
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| Start price/share: |
$59.84 |
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| End price/share: |
$76.05 |
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| Dividends collected/share: |
$0.34 |
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| Total return: |
27.65% |
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| Annualized Gain: |
120.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,765.00 |
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| Years: |
0.23 |
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| Date |
Ratio |
| 02/04/1991 | 2 for 1
| | 08/09/1995 | 2 for 1
| | 08/11/1997 | 2 for 1
| | 02/16/1999 | 2 for 1
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