|
Video: What is a Stock Split?
|
|
Chewy is a pet e-tailer in the United States. Through its website and mobile applications, Co. provides its customers with products. Co. operates in an industry in the United States, comprising of pet food and treats, pet supplies and pet medications, other pet-health products, and pet services. According to our Chewy stock split history records, Chewy has had 1 split. | |
|
Chewy (CHWY) has 1 split in our Chewy stock split history database. The split for CHWY took place on October 13, 2009. This was a 1 for 3 reverse split, meaning for each 3 shares of CHWY owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split.
When a company such as Chewy conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the Chewy stock split history from start to finish, an original position size of 1000 shares would have turned into 333.333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Chewy shares, starting with a $10,000 purchase of CHWY, presented on a split-history-adjusted basis factoring in the complete Chewy stock split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
06/17/2019 |
|
End date: |
04/25/2024 |
|
Start price/share: |
$33.70 |
|
End price/share: |
$15.38 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-54.36% |
|
Average Annual Total Return: |
-14.90% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$4,564.98 |
|
Years: |
4.86 |
|
|
|
Date |
Ratio |
10/13/2009 | 1 for 3 |
|
|