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 Video: What is a Stock Split?
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| Clorox is a manufacturer and marketer of consumer products. Co. operates through four reportable segments: Health and Wellness, which consists of cleaning, disinfecting and other products mainly marketed and sold in the U.S.; Household, which consists of bags and wraps, cat litter and grilling products marketed and sold in the U.S.; Lifestyle, which consists of food, natural personal care products and water-filtration products marketed and sold in the U.S.; and International, which consists of products sold outside the U.S., such as laundry additives, home care products, water-filtration products, digestive health products, grilling products, and natural personal care products. According to our Clorox stock split history records, Clorox has had 3 splits. | |
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Clorox (CLX) has 3 splits in our Clorox stock split history database. The first split for CLX took place on June 02, 1987. This was a 2 for 1
split, meaning for each share of CLX 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. CLX's second split took place on September 03, 1997. This was a 2 for 1
split, meaning for each share of CLX 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. CLX's third split took place on August 24, 1999. This was a 2 for 1
split, meaning for each share of CLX owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as Clorox 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 Clorox stock split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Clorox shares, starting with a $10,000 purchase of CLX, presented on a split-history-adjusted basis factoring in the complete Clorox stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/08/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$98.76 |
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| End price/share: |
$161.57 |
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| Starting shares: |
101.26 |
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| Ending shares: |
133.10 |
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| Dividends reinvested/share: |
$39.88 |
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| Total return: |
115.06% |
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| Average Annual Total Return: |
7.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,504.91 |
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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: |
10/08/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$98.76 |
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| End price/share: |
$161.57 |
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| Dividends collected/share: |
$39.88 |
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| Total return: |
103.98% |
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| Average Annual Total Return: |
7.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,396.40 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/02/1987 | 2 for 1
| | 09/03/1997 | 2 for 1
| | 08/24/1999 | 2 for 1
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