Stock Split History
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Erie Indemnity is an attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange (Exchange), a reciprocal insurer that writes property and casualty insurance. Co.'s main function as attorney-in-fact is to perform policy issuance and renewal services on behalf of the subscribers at the Exchange. Co. also acts as attorney-in-fact on behalf of the Exchange with respect to claims handling and investment management services, as well as the service provider for the claims handling, life insurance, and investment management services for its insurance subsidiaries. Co. provides policy issuance and renewal services related to the sales, underwriting and issuance of policies. According to our Erie Indemnity stock split history records, Erie Indemnity has had 1 split.
Erie Indemnity stock split history picture
Erie Indemnity (ERIE) has 1 split in our Erie Indemnity stock split history database. The split for ERIE took place on May 13, 1996. This was a 3 for 1 split, meaning for each share of ERIE 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 Erie Indemnity 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 Erie Indemnity stock 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 Erie Indemnity shares, starting with a $10,000 purchase of ERIE, presented on a split-history-adjusted basis factoring in the complete Erie Indemnity stock split history. Erie Indemnity split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 05/16/2011
End date: 05/14/2021
Start price/share: $71.02
End price/share: $203.83
Starting shares: 140.81
Ending shares: 192.90
Dividends reinvested/share: $33.82
Total return: 293.20%
Average Annual Total Return: 14.67%
Starting investment: $10,000.00
Ending investment: $39,324.30
Years: 10.00
Growth of $10,000.00
Without Dividends Reinvested

Start date: 05/16/2011
End date: 05/14/2021
Start price/share: $71.02
End price/share: $203.83
Dividends collected/share: $33.82
Total return: 234.62%
Average Annual Total Return: 12.83%
Starting investment: $10,000.00
Ending investment: $33,449.49
Years: 10.00
Date Ratio
05/13/19963 for 1
ERIE is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

ERUS Split History
ERX Split History
ERY Split History
ESBF Split History
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ETFC Split History
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EVG Split History

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