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 Video: What is a Stock Split?
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| Shopify is engaged as a global commerce company, providing trusted tools to start, grow, market, and manage a retail business of any size. Co. makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for buyers everywhere. Merchants use Co.'s software to run their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. According to our Shopify stock split history records, Shopify has had 1 split. | |
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Shopify (SHOP) has 1 split in our Shopify stock split history database. The split for SHOP took place on June 29, 2022. This was a 10 for 1 split, meaning for each share of SHOP owned pre-split, the shareholder now owned 10 shares. For example, a 1000 share position pre-split, became a 10000 share position following the split.
When a company such as Shopify 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 Shopify stock split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Shopify shares, starting with a $10,000 purchase of SHOP, presented on a split-history-adjusted basis factoring in the complete Shopify stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/21/2015 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$2.57 |
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| End price/share: |
$70.55 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
2,645.14% |
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| Average Annual Total Return: |
44.92% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$274,585.31 |
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| Years: |
8.93 |
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| Date |
Ratio |
| 06/29/2022 | 10 for 1 |
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