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 Video: What is a Stock Split?
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| Zillow Group is an online residential real estate company. Co. has organized its business into three segments, Homes, Internet, Media and Technology (IMT) and Mortgages. The Homes segment includes the purchase and sale of homes directly through Zillow Offers and the title and escrow services provided through Zillow Closing Services. The IMT segment includes the Premier Agent, rentals and new construction marketplaces, dotloop, and display, and other advertising and business software solutions. The Mortgages segment includes the mortgage originations through Zillow Home Loans, advertising sold to mortgage lenders and other mortgage personnel. According to our Z split history records, Zillow Group has had 2 splits. | |
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Zillow Group (Z) has 2 splits in our Z split history database. The first split for Z took place on June 02, 1986. This was a 2 for 1
split, meaning for each share of Z 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. Z's second split took place on June 01, 1990. This was a 2 for 1
split, meaning for each share of Z 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 Zillow Group 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 Z 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 Zillow Group shares, starting with a $10,000 purchase of Z, presented on a split-history-adjusted basis factoring in the complete Z split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
08/04/2015 |
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| End date: |
10/07/2024 |
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| Start price/share: |
$25.80 |
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| End price/share: |
$60.76 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
135.50% |
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| Average Annual Total Return: |
9.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$23,558.50 |
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| Years: |
9.18 |
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| Date |
Ratio |
| 06/02/1986 | 2 for 1
| | 06/01/1990 | 2 for 1
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