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Video: What is a Stock Split?
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The Company's operating activity is from the sale of military and other rugged footwear the sale of machinery and materials for the manufacture of this type of footwear and the rendering of technical assistance and other services to licensees. According to our WLC split history records, WLC has had 1 split. | |
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WLC (WLC) has 1 split in our WLC split history database. The split for WLC took place on January 06, 1997. This was a 3 for 1
split, meaning for each share of WLC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as WLC 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 WLC split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into WLC shares, starting with a $10,000 purchase of WLC, presented on a split-history-adjusted basis factoring in the complete WLC split history.
WLC -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
01/06/1997 | 3 for 1
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