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Video: What is a Stock Split?
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Novo-Nordisk is a healthcare company focuses on diabetes care. Co. is engaged in the discovery, development, manufacturing and marketing of pharmaceutical products and has two segments: diabetes and obesity care and biopharm. Co. has one diabetes product portfolios, including insulin, a portfolio of modern insulin and human insulin as well as a portfolio of GLP-1 receptor agonists administered both via subcutaneous injection and as a tablet. Co.'s first product to treat obesity is Saxenda®. Co.'s second obesity treatment product is Wegovy®. In addition, Co.'s marketed portfolio includes haemophilia and growth hormone therapies. According to our Novo-Nordisk AS stock split history records, Novo-Nordisk AS has had 5 splits. | |
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Novo-Nordisk AS (NVO) has 5 splits in our Novo-Nordisk AS stock split history database. The first split for NVO took place on April 18, 1994. This was a 4 for 1
split, meaning for each share of NVO owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split. NVO's second split took place on April 11, 2001. This was a 5 for 2 split, meaning for each 2 shares of NVO owned pre-split, the shareholder now owned 5 shares. For example, a 4000 share position pre-split, became a 10000 share position following the split. NVO's third split took place on December 17, 2007. This was a 2 for 1 split, meaning for each share of NVO owned pre-split, the shareholder now owned 2 shares. For example, a 10000 share position pre-split, became a 20000 share position following the split. NVO's 4th split took place on January 09, 2014. This was a 5 for 1 split, meaning for each share of NVO owned pre-split, the shareholder now owned 5 shares. For example, a 20000 share position pre-split, became a 100000 share position following the split. NVO's 5th split took place on September 20, 2023. This was a 2 for 1 split, meaning for each share of NVO owned pre-split, the shareholder now owned 2 shares. For example, a 100000 share position pre-split, became a 200000 share position following the split.
When a company such as Novo-Nordisk AS 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 Novo-Nordisk AS stock split history from start to finish, an original position size of 1000 shares would have turned into 200000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Novo-Nordisk AS shares, starting with a $10,000 purchase of NVO, presented on a split-history-adjusted basis factoring in the complete Novo-Nordisk AS stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$22.61 |
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End price/share: |
$125.79 |
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Starting shares: |
442.28 |
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Ending shares: |
530.84 |
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Dividends reinvested/share: |
$6.63 |
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Total return: |
567.74% |
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Average Annual Total Return: |
20.92% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$66,796.75 |
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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: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$22.61 |
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End price/share: |
$125.79 |
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Dividends collected/share: |
$6.63 |
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Total return: |
485.67% |
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Average Annual Total Return: |
19.34% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$58,566.59 |
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Years: |
10.00 |
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Date |
Ratio |
04/18/1994 | 4 for 1
| 04/11/2001 | 5 for 2 | 12/17/2007 | 2 for 1 | 01/09/2014 | 5 for 1 | 09/20/2023 | 2 for 1 |
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