 |
 Video: What is a Stock Split?
|
|
|
| Cigna, together with its subsidiaries, is a global health service organization. Co.'s Evernorth segment includes a range of coordinated and point solution health services, including pharmacy solutions, benefits management solutions, care solutions and intelligence solutions, which are provided to health plans, employers, government organizations and health care providers. Co.'s U.S. Medical segment includes its U.S. Commercial and U.S. Government businesses that provide medical and solutions to clients and customers. Co.'s International Markets segment provides a range of medical and supplemental health, life and accident benefits to individuals and employers. According to our Cigna stock split history records, Cigna has had 2 splits. | |
|
Cigna (CI) has 2 splits in our Cigna stock split history database. The first split for CI took place on May 18, 1998. This was a 3 for 1
split, meaning for each share of CI owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. CI's second split took place on June 05, 2007. This was a 3 for 1 split, meaning for each share of CI owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 9000 share position following the split.
When a company such as Cigna 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 Cigna stock split history from start to finish, an original position size of 1000 shares would have turned into 9000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cigna shares, starting with a $10,000 purchase of CI, presented on a split-history-adjusted basis factoring in the complete Cigna stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
08/16/2012 |
|
| End date: |
08/12/2022 |
|
| Start price/share: |
$44.49 |
|
| End price/share: |
$290.92 |
|
| Starting shares: |
224.77 |
|
| Ending shares: |
231.52 |
|
| Dividends reinvested/share: |
$6.56 |
|
| Total return: |
573.53% |
|
| Average Annual Total Return: |
21.03% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$67,371.49 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
08/16/2012 |
|
| End date: |
08/12/2022 |
|
| Start price/share: |
$44.49 |
|
| End price/share: |
$290.92 |
|
| Dividends collected/share: |
$6.56 |
|
| Total return: |
568.64% |
|
| Average Annual Total Return: |
20.94% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$66,872.45 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 05/18/1998 | 3 for 1
| | 06/05/2007 | 3 for 1 |
|
|
Free CI Email Alerts:
