Stock Split History
ETFs Holding RAD »    RAD Historical Stock Prices »



Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Rite Aid provides an array of whole being health products and services. Co. reports its business in two segments: its Retail Pharmacy Segment, which consists of Rite Aid, Bartell Drug Company and Health Dialog Services Corporation, and its Pharmacy Services Segment, which consists of Elixir, its pharmacy benefit management (PBM). For the Retail Pharmacy segment, Co.'s pharmacists dispense medications pursuant to prescriptions written by medical providers and educate its customers on alternative remedies that can supplement conventional options. Co. provides a range of healthcare services. For the Pharmacy Services segment, Elixir, Co.'s PBM, provides a suite of PBM offerings. According to our RAD stock split history records, RAD has had 3 splits.
RAD stock split history picture
RAD (RAD) has 3 splits in our RAD stock split history database. The first split for RAD took place on July 08, 1991. This was a 2 for 1 split, meaning for each share of RAD 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. RAD's second split took place on February 03, 1998. This was a 2 for 1 split, meaning for each share of RAD 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. RAD's third split took place on April 22, 2019. This was a 1 for 20 reverse split, meaning for each 20 shares of RAD owned pre-split, the shareholder now owned 1 share. For example, a 4000 share position pre-split, became a 200 share position following the split.

When a company such as RAD 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. When a company such as RAD conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the RAD stock split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RAD shares, starting with a $10,000 purchase of RAD, presented on a split-history-adjusted basis factoring in the complete RAD stock split history. RAD split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 03/31/2014
End date: 10/16/2023
Start price/share: $125.40
End price/share: $0.65
Dividends collected/share: $0.00
Total return: -99.48%
Average Annual Total Return: -42.36%
Starting investment: $10,000.00
Ending investment: $51.85
Years: 9.55
Date Ratio
07/08/19912 for 1
02/03/19982 for 1
04/22/20191 for 20
RAD is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:

RAM Split History
RCII Split History
RGC Split History
RGS Split History
RICK Split History
RLJE Split History
ROIA Split History
ROST Split History
RSH Split History
RUK Split History

Also explore: RAD shares outstanding history

Email EnvelopeFree RAD Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Pluri Inc. (PLUR)
Rent the Runway, Inc. (RENT)
Castor Maritime Inc. (CTRM)
ETAO International Co., Ltd. (ETAO)
Aterian, Inc. (ATER)
Chipotle Mexican Grill, Inc. (CMG)
Moleculin Biotech, Inc. (MBRX)
Longeveron Inc. (LGVN)
Intrusion Inc. (INTZ)
MicroSectorsTM Travel -3X Inverse Leveraged ETNs due May 29, 2042 (FLYD)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »
Funds Holding RAD

RAD Stock Split History | www.StockSplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.StockSplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.