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 Video: What is a Stock Split?
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| Werner Enterprises is a transportation and logistics company engaged primarily in transporting truckload shipments of general commodities in both interstate and intrastate commerce. Co. also provides logistics services through its Werner Logistics segment. Co. has two reportable segments: Truckload Transportation Services, which provides truckload services dedicated to a specific customer, generally for a retail distribution center or manufacturing facility and includes the medium-to-long-haul van fleet, the expedited fleet, the regional short-haul fleet and the Temperature Controlled fleet; and Werner Logistics, which is a non-asset-based transportation and logistics provider. According to our WERN split history records, Werner Enterprises has had 5 splits. | |
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Werner Enterprises (WERN) has 5 splits in our WERN split history database. The first split for WERN took place on September 22, 1992. This was a 2 for 1
split, meaning for each share of WERN 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. WERN's second split took place on August 12, 1996. This was a 3 for 2
split, meaning for each 2
shares of WERN owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. WERN's third split took place on May 14, 1998. This was a 5 for 4
split, meaning for each 4
shares of WERN owned pre-split, the shareholder now owned 5 shares. For example, a 3000 share position pre-split, became a 3750 share position following the split. WERN's 4th split took place on March 15, 2002. This was a 4 for 3 split, meaning for each 3 shares of WERN owned pre-split, the shareholder now owned 4 shares. For example, a 3750 share position pre-split, became a 5000 share position following the split. WERN's 5th split took place on October 01, 2003. This was a 5 for 4 split, meaning for each 4 shares of WERN owned pre-split, the shareholder now owned 5 shares. For example, a 5000 share position pre-split, became a 6250 share position following the split.
When a company such as Werner Enterprises 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 WERN split history from start to finish, an original position size of 1000 shares would have turned into 6250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Werner Enterprises shares, starting with a $10,000 purchase of WERN, presented on a split-history-adjusted basis factoring in the complete WERN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/10/2013 |
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| End date: |
12/06/2023 |
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| Start price/share: |
$24.07 |
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| End price/share: |
$40.44 |
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| Starting shares: |
415.45 |
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| Ending shares: |
516.38 |
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| Dividends reinvested/share: |
$7.17 |
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| Total return: |
108.82% |
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| Average Annual Total Return: |
7.65% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,891.27 |
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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: |
12/10/2013 |
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| End date: |
12/06/2023 |
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| Start price/share: |
$24.07 |
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| End price/share: |
$40.44 |
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| Dividends collected/share: |
$7.17 |
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| Total return: |
97.80% |
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| Average Annual Total Return: |
7.06% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,774.71 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 09/22/1992 | 2 for 1
| | 08/12/1996 | 3 for 2
| | 05/14/1998 | 5 for 4
| | 03/15/2002 | 4 for 3 | | 10/01/2003 | 5 for 4 |
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