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 Video: What is a Stock Split?
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| Wolverine World Wide, Inc. is a designer, marketer and licensor of a range of quality casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform shoes and boots. Co.'s segments include Active Group and Work Group. Its Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. Its Work Group segment consists of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Harley-Davidson footwear and HYTEST safety footwear. Its Other category consists of Sperry footwear, Keds footwear, Hush Puppies footwear and apparel. According to our WWW split history records, Wolverine World Wide has had 6 splits. | |
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Wolverine World Wide (WWW) has 6 splits in our WWW split history database. The first split for WWW took place on April 15, 1994. This was a 3 for 2
split, meaning for each 2
shares of WWW owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. WWW's second split took place on May 16, 1995. This was a 3 for 2
split, meaning for each 2
shares of WWW owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. WWW's third split took place on August 19, 1996. This was a 3 for 2
split, meaning for each 2
shares of WWW owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. WWW's 4th split took place on May 27, 1997. This was a 3 for 2
split, meaning for each 2
shares of WWW owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split. WWW's 5th split took place on February 02, 2005. This was a 3 for 2 split, meaning for each 2 shares of WWW owned pre-split, the shareholder now owned 3 shares. For example, a 5062.5 share position pre-split, became a 7593.75 share position following the split. WWW's 6th split took place on November 04, 2013. This was a 2 for 1 split, meaning for each share of WWW owned pre-split, the shareholder now owned 2 shares. For example, a 7593.75 share position pre-split, became a 15187.5 share position following the split.
When a company such as Wolverine World Wide 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 WWW split history from start to finish, an original position size of 1000 shares would have turned into 15187.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Wolverine World Wide shares, starting with a $10,000 purchase of WWW, presented on a split-history-adjusted basis factoring in the complete WWW split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$27.19 |
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| End price/share: |
$22.85 |
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| Starting shares: |
367.78 |
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| Ending shares: |
436.39 |
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| Dividends reinvested/share: |
$3.44 |
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| Total return: |
-0.28% |
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| Average Annual Total Return: |
-0.03% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,970.06 |
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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: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$27.19 |
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| End price/share: |
$22.85 |
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| Dividends collected/share: |
$3.44 |
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| Total return: |
-3.31% |
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| Average Annual Total Return: |
-0.34% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,665.34 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 04/15/1994 | 3 for 2
| | 05/16/1995 | 3 for 2
| | 08/19/1996 | 3 for 2
| | 05/27/1997 | 3 for 2
| | 02/02/2005 | 3 for 2 | | 11/04/2013 | 2 for 1 |
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