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Video: What is a Stock Split?
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lululemon athletica is a designer, distributor, and retailer of technical athletic apparel, footwear, and accessories. Co. provides a line of performance apparel, footwear, and accessories marketed under the lululemon brand. Co.'s apparel assortment includes items such as pants, shorts, tops, and jackets designed for a healthy lifestyle including athletic activities such as yoga, running, training, and most other activities. Co. also provides apparel designed for being on the move and fitness-inspired accessories. Co. mainly conducts its business through two channels: Co.-operated stores and direct to consumer. According to our lululemon athletica inc stock split history records, lululemon athletica inc has had 1 split. | |
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lululemon athletica inc (LULU) has 1 split in our lululemon athletica inc stock split history database. The split for LULU took place on July 12, 2011. This was a 2 for 1 split, meaning for each share of LULU 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.
When a company such as lululemon athletica inc 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 lululemon athletica inc stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into lululemon athletica inc shares, starting with a $10,000 purchase of LULU, presented on a split-history-adjusted basis factoring in the complete lululemon athletica inc stock split history.
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: |
$42.23 |
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End price/share: |
$270.38 |
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Dividends collected/share: |
$0.00 |
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Total return: |
540.26% |
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Average Annual Total Return: |
20.41% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$64,033.11 |
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Years: |
10.00 |
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Date |
Ratio |
07/12/2011 | 2 for 1 |
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