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Video: What is a Stock Split?
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Nucor Corporation is a manufacturer of steel and steel products, with operating facilities in the U.S., Canada and Mexico. Its segments include steel mills, steel products, raw materials, and Nucor Data Systems. The Steel Mills segment produces sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling, and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar and engineered special bar quality. According to our Nucor stock split history records, Nucor has had 6 splits. | |
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Nucor (NUE) has 6 splits in our Nucor stock split history database. The first split for NUE took place on September 21, 1983. This was a 2 for 1
split, meaning for each share of NUE 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. NUE's second split took place on June 18, 1986. This was a 3 for 2
split, meaning for each 2
shares of NUE owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. NUE's third split took place on June 22, 1992. This was a 2 for 1
split, meaning for each share of NUE owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. NUE's 4th split took place on September 20, 1993. This was a 2 for 1
split, meaning for each share of NUE owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. NUE's 5th split took place on October 18, 2004. This was a 2 for 1 split, meaning for each share of NUE owned pre-split, the shareholder now owned 2 shares. For example, a 12000 share position pre-split, became a 24000 share position following the split. NUE's 6th split took place on June 01, 2006. This was a 2 for 1 split, meaning for each share of NUE owned pre-split, the shareholder now owned 2 shares. For example, a 24000 share position pre-split, became a 48000 share position following the split.
When a company such as Nucor 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 Nucor stock split history from start to finish, an original position size of 1000 shares would have turned into 48000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nucor shares, starting with a $10,000 purchase of NUE, presented on a split-history-adjusted basis factoring in the complete Nucor stock split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/18/2015 |
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End date: |
02/14/2025 |
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Start price/share: |
$48.25 |
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End price/share: |
$137.77 |
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Starting shares: |
207.25 |
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Ending shares: |
264.83 |
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Dividends reinvested/share: |
$17.23 |
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Total return: |
264.86% |
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Average Annual Total Return: |
13.82% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$36,478.06 |
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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: |
02/18/2015 |
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End date: |
02/14/2025 |
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Start price/share: |
$48.25 |
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End price/share: |
$137.77 |
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Dividends collected/share: |
$17.23 |
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Total return: |
221.25% |
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Average Annual Total Return: |
12.38% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$32,118.22 |
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Years: |
10.00 |
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Date |
Ratio |
09/21/1983 | 2 for 1
| 06/18/1986 | 3 for 2
| 06/22/1992 | 2 for 1
| 09/20/1993 | 2 for 1
| 10/18/2004 | 2 for 1 | 06/01/2006 | 2 for 1 |
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