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Video: What is a Stock Split?
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Expeditors International of Washington, Inc. provides a full suite of global logistics services, offers customers an international network of people and integrated information systems to support the movement and strategic positioning of goods. As a third-party logistics provider, the Co. purchases cargo space from carriers, such as airlines, ocean shipping lines and trucking lines, on a volume basis and resells that space to its customers. According to our Expeditors International of Washington stock split history records, Expeditors International of Washington has had 5 splits. | |
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Expeditors International of Washington (EXPD) has 5 splits in our Expeditors International of Washington stock split history database. The first split for EXPD took place on November 12, 1993. This was a 2 for 1
split, meaning for each share of EXPD 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. EXPD's second split took place on December 12, 1996. This was a 2 for 1
split, meaning for each share of EXPD 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. EXPD's third split took place on June 01, 1999. This was a 2 for 1
split, meaning for each share of EXPD 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. EXPD's 4th split took place on June 25, 2002. This was a 2 for 1 split, meaning for each share of EXPD owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. EXPD's 5th split took place on June 26, 2006. This was a 2 for 1 split, meaning for each share of EXPD owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split.
When a company such as Expeditors International of Washington 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 Expeditors International of Washington stock split history from start to finish, an original position size of 1000 shares would have turned into 32000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Expeditors International of Washington shares, starting with a $10,000 purchase of EXPD, presented on a split-history-adjusted basis factoring in the complete Expeditors International of Washington stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/12/2014 |
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End date: |
12/10/2024 |
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Start price/share: |
$44.67 |
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End price/share: |
$121.10 |
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Starting shares: |
223.86 |
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Ending shares: |
254.60 |
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Dividends reinvested/share: |
$10.64 |
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Total return: |
208.32% |
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Average Annual Total Return: |
11.91% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$30,819.31 |
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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: |
12/12/2014 |
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End date: |
12/10/2024 |
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Start price/share: |
$44.67 |
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End price/share: |
$121.10 |
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Dividends collected/share: |
$10.64 |
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Total return: |
194.92% |
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Average Annual Total Return: |
11.42% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$29,495.80 |
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Years: |
10.00 |
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Date |
Ratio |
11/12/1993 | 2 for 1
| 12/12/1996 | 2 for 1
| 06/01/1999 | 2 for 1
| 06/25/2002 | 2 for 1 | 06/26/2006 | 2 for 1 |
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