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 Video: What is a Stock Split?
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| Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with various solutions and services. Co.'s segments include Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. Textron Aviation segment manufactures, sells and services Cessna and Beechcraft aircraft, and services the Hawker brand of business jets. Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. Textron Systems segment offers electronic systems and solutions, advanced marine craft, piston aircraft engines, and others. According to our Textron stock split history records, Textron has had 3 splits. | |
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Textron (TXT) has 3 splits in our Textron stock split history database. The first split for TXT took place on May 29, 1987. This was a 2 for 1
split, meaning for each share of TXT 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. TXT's second split took place on June 02, 1997. This was a 2 for 1
split, meaning for each share of TXT 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. TXT's third split took place on August 27, 2007. This was a 2 for 1 split, meaning for each share of TXT 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.
When a company such as Textron 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 Textron stock split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Textron shares, starting with a $10,000 purchase of TXT, presented on a split-history-adjusted basis factoring in the complete Textron stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
03/25/2015 |
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| End date: |
03/21/2025 |
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| Start price/share: |
$44.33 |
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| End price/share: |
$73.08 |
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| Starting shares: |
225.58 |
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| Ending shares: |
228.99 |
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| Dividends reinvested/share: |
$0.80 |
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| Total return: |
67.35% |
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| Average Annual Total Return: |
5.29% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,742.10 |
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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: |
03/25/2015 |
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| End date: |
03/21/2025 |
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| Start price/share: |
$44.33 |
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| End price/share: |
$73.08 |
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| Dividends collected/share: |
$0.80 |
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| Total return: |
66.66% |
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| Average Annual Total Return: |
5.24% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,662.79 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/29/1987 | 2 for 1
| | 06/02/1997 | 2 for 1
| | 08/27/2007 | 2 for 1 |
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