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Video: What is a Stock Split?
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Louisiana-Pacific is a provider of building solutions that serve the builders, remodelers, and homeowners. Co. has four business segments: Siding, which serves various end markets with a range of product offering, including LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding; Oriented Strand Board (OSB), which manufactures and distributes OSB structural panel products; Engineered Wood Products, which is comprised of LP® SolidStart® I-Joist, Laminated Veneer Lumber and other related products; and South America, which manufactures and distributes OSB structural panel and siding products in South America and certain export markets. According to our Louisiana-Pacific stock split history records, Louisiana-Pacific has had 2 splits. | |
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Louisiana-Pacific (LPX) has 2 splits in our Louisiana-Pacific stock split history database. The first split for LPX took place on June 08, 1992. This was a 3 for 2
split, meaning for each 2
shares of LPX owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. LPX's second split took place on June 09, 1993. This was a 2 for 1
split, meaning for each share of LPX owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as Louisiana-Pacific 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 Louisiana-Pacific 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 Louisiana-Pacific shares, starting with a $10,000 purchase of LPX, presented on a split-history-adjusted basis factoring in the complete Louisiana-Pacific stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$16.21 |
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End price/share: |
$74.30 |
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Starting shares: |
616.90 |
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Ending shares: |
686.59 |
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Dividends reinvested/share: |
$4.42 |
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Total return: |
410.13% |
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Average Annual Total Return: |
17.70% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$51,022.84 |
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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: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$16.21 |
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End price/share: |
$74.30 |
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Dividends collected/share: |
$4.42 |
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Total return: |
385.63% |
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Average Annual Total Return: |
17.12% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$48,563.57 |
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Years: |
10.00 |
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Date |
Ratio |
06/08/1992 | 3 for 2
| 06/09/1993 | 2 for 1
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