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Park National is a financial holding company. Through its subsidiary, The Park National Bank, Co. provides the following principal services: the acceptance of deposits for demand, savings and time accounts and the servicing of those accounts; commercial, industrial, consumer and real estate lending, including installment loans, credit card, home equity lines of credit and commercial leasing; a national portfolio of loans to non-bank consumer finance companies; trust and wealth management services; aircraft financing; cash management; safe deposit operations; electronic funds transfers; internet and mobile banking solutions with bill pay service; and additional banking-related services. According to our Park National stock split history records, Park National has had 4 splits.
Park National stock split history picture
Park National (PRK) has 4 splits in our Park National stock split history database. The first split for PRK took place on May 13, 1991. This was a 2 for 1 split, meaning for each share of PRK 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. PRK's second split took place on August 15, 1994. This was a 2 for 1 split, meaning for each share of PRK 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. PRK's third split took place on December 01, 1999. This was a 105 for 100 split, meaning for each 100 shares of PRK owned pre-split, the shareholder now owned 105 shares. For example, a 4000 share position pre-split, became a 4200 share position following the split. PRK's 4th split took place on November 29, 2004. This was a 105 for 100 split, meaning for each 100 shares of PRK owned pre-split, the shareholder now owned 105 shares. For example, a 4200 share position pre-split, became a 4410 share position following the split.

When a company such as Park National 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 Park National stock split history from start to finish, an original position size of 1000 shares would have turned into 4410 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Park National shares, starting with a $10,000 purchase of PRK, presented on a split-history-adjusted basis factoring in the complete Park National stock split history. Park National split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 09/26/2012
End date: 09/23/2022
Start price/share: $69.72
End price/share: $127.60
Starting shares: 143.43
Ending shares: 219.36
Dividends reinvested/share: $39.97
Total return: 179.91%
Average Annual Total Return: 10.84%
Starting investment: $10,000.00
Ending investment: $27,979.68
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/26/2012
End date: 09/23/2022
Start price/share: $69.72
End price/share: $127.60
Dividends collected/share: $39.97
Total return: 140.35%
Average Annual Total Return: 9.17%
Starting investment: $10,000.00
Ending investment: $24,039.68
Years: 10.00
Date Ratio
05/13/19912 for 1
08/15/19942 for 1
12/01/1999105 for 100
11/29/2004105 for 100
PRK is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

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