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 Video: What is a Stock Split?
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| Hub Group is a supply chain solutions provider that provides transportation and logistics management services. Co. operates the following lines of business: Intermodal, which provides nationwide door-to-door intermodal transportation, providing both transcontinental and local lanes by combining rail transportation with local trucking; logistics, which provides a range of transportation management services and technology solutions; Trust Brokerage, which operates truck brokerage operations in the U.S., providing customers with a trucking option for their transportation needs; and Dedicated Trucking, which provides a dedicated fleet of equipment and drivers to each customer. According to our Hub Group stock split history records, Hub Group has had 3 splits. | |
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Hub Group (HUBG) has 3 splits in our Hub Group stock split history database. The first split for HUBG took place on May 12, 2005. This was a 2 for 1 split, meaning for each share of HUBG 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. HUBG's second split took place on June 07, 2006. This was a 2 for 1 split, meaning for each share of HUBG 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. HUBG's third split took place on January 29, 2024. This was a 2 for 1 split, meaning for each share of HUBG owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as Hub 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 Hub Group stock split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Hub Group shares, starting with a $10,000 purchase of HUBG, presented on a split-history-adjusted basis factoring in the complete Hub Group stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/08/2014 |
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| End date: |
05/06/2024 |
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| Start price/share: |
$22.39 |
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| End price/share: |
$42.93 |
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| Starting shares: |
446.63 |
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| Ending shares: |
447.93 |
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| Dividends reinvested/share: |
$0.12 |
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| Total return: |
92.30% |
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| Average Annual Total Return: |
6.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,238.16 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/08/2014 |
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| End date: |
05/06/2024 |
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| Start price/share: |
$22.39 |
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| End price/share: |
$42.93 |
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| Dividends collected/share: |
$0.12 |
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| Total return: |
92.30% |
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| Average Annual Total Return: |
6.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,238.16 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/12/2005 | 2 for 1 | | 06/07/2006 | 2 for 1 | | 01/29/2024 | 2 for 1 |
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