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 Video: What is a Stock Split?
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| Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality and packaging industries. Its segments consist of individual operating subsidiaries, including CNA Financial Corporation (CNA), Boardwalk Pipeline Partners, LP and Loews Hotels Holding Corporation (Loews Hotels). The CNA segment provides insurance products, such as commercial property and casualty coverage, and its services also include risk management, information services, warranty and claims administration. The CNA segment's commercial property and casualty insurance operations include Specialty, Commercial and International lines of business. According to our Loews stock split history records, Loews has had 3 splits. | |
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Loews (L) has 3 splits in our Loews stock split history database. The first split for L took place on December 04, 1995. This was a 2 for 1
split, meaning for each share of L 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. L's second split took place on March 21, 2001. This was a 2 for 1
split, meaning for each share of L 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. L's third split took place on May 09, 2006. This was a 3 for 1
split, meaning for each share of L owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 12000 share position following the split.
When a company such as Loews 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 Loews stock split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Loews shares, starting with a $10,000 purchase of L, presented on a split-history-adjusted basis factoring in the complete Loews 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: |
$39.44 |
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| End price/share: |
$83.96 |
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| Starting shares: |
253.55 |
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| Ending shares: |
266.70 |
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| Dividends reinvested/share: |
$2.52 |
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| Total return: |
123.92% |
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| Average Annual Total Return: |
8.39% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,386.59 |
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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: |
$39.44 |
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| End price/share: |
$83.96 |
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| Dividends collected/share: |
$2.52 |
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| Total return: |
119.27% |
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| Average Annual Total Return: |
8.17% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,936.22 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 12/04/1995 | 2 for 1
| | 03/21/2001 | 2 for 1
| | 05/09/2006 | 3 for 1
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