|
Video: What is a Stock Split?
|
|
Holding company for The Winton Savings and Loan Company which is a financial institution that provides savings and loan products and services. According to our WFI split history records, WFI has had 2 splits. | |
|
WFI (WFI) has 2 splits in our WFI split history database. The first split for WFI took place on March 01, 1994. This was a 2 for 1
split, meaning for each share of WFI 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. WFI's second split took place on April 01, 1998. This was a 2 for 1
split, meaning for each share of WFI 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 WFI 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 WFI 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 WFI shares, starting with a $10,000 purchase of WFI, presented on a split-history-adjusted basis factoring in the complete WFI split history.
WFI -- use the split history when considering split-adjusted past price performance. |
|
Date |
Ratio |
03/01/1994 | 2 for 1
| 04/01/1998 | 2 for 1
|
|
|