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 Video: What is a Stock Split?
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| Exelis is an aerospace, defense, information and services company. Co. operates in two segments: Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (ISR) Electronics and Systems, which provides engineered systems and solutions including ISR systems, electronic warfare systems, radar and sonar systems, electronic attack and release systems, communications solutions, space systems, and composite aerostructures; and Information and Technical Services, which provides systems integration, network design and development, air traffic management, cyber, intelligence, operations, sustainment, engineering, logistics, and space launch and range-support services. According to our XLS split history records, XLS has had 1 split. | |
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XLS (XLS) has 1 split in our XLS split history database. The split for XLS took place on September 29, 2014. This was a 1071 for 1000 split, meaning for each 1000 shares of XLS owned pre-split, the shareholder now owned 1071 shares. For example, a 1000 share position pre-split, became a 1071 share position following the split.
When a company such as XLS 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 XLS split history from start to finish, an original position size of 1000 shares would have turned into 1071 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into XLS shares, starting with a $10,000 purchase of XLS, presented on a split-history-adjusted basis factoring in the complete XLS split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
05/29/2015 |
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| Start price/share: |
$17.27 |
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| End price/share: |
$24.66 |
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| Starting shares: |
579.04 |
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| Ending shares: |
587.34 |
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| Dividends reinvested/share: |
$0.31 |
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| Total return: |
44.84% |
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| Annualized Gain: |
64.43% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,484.00 |
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| Years: |
0.70 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
05/29/2015 |
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| Start price/share: |
$17.27 |
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| End price/share: |
$24.66 |
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| Dividends collected/share: |
$0.31 |
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| Total return: |
44.58% |
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| Annualized Gain: |
64.06% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,458.00 |
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| Years: |
0.70 |
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| Date |
Ratio |
| 09/29/2014 | 1071 for 1000 |
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