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 Video: What is a Stock Split?
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| The TJX Companies, Inc. is an off-price apparel and home fashions retailer in the U.S. and worldwide. Co.'s segments include Marmaxx and HomeGoods, TJX Canada and TJX International. The TJ Maxx and Marshalls chains in the U.S. sell family apparel, including footwear and accessories, home fashions, including home basics, decorative accessories, and giftware and other merchandise. The HomeGoods segment operates HomeGoods and Homesense chains. HomeGoods offers an eclectic assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop, and cookware, as well as expanded pet and gourmet food departments. According to our TJX Companies stock split history records, TJX Companies has had 5 splits. | |
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TJX Companies (TJX) has 5 splits in our TJX Companies stock split history database. The first split for TJX took place on June 27, 1997. This was a 2 for 1
split, meaning for each share of TJX 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. TJX's second split took place on June 26, 1998. This was a 2 for 1
split, meaning for each share of TJX 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. TJX's third split took place on May 09, 2002. This was a 2 for 1 split, meaning for each share of TJX 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. TJX's 4th split took place on February 03, 2012. This was a 2 for 1 split, meaning for each share of TJX owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. TJX's 5th split took place on November 07, 2018. This was a 2 for 1 split, meaning for each share of TJX owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split.
When a company such as TJX Companies 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 TJX Companies stock split history from start to finish, an original position size of 1000 shares would have turned into 32000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TJX Companies shares, starting with a $10,000 purchase of TJX, presented on a split-history-adjusted basis factoring in the complete TJX Companies 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: |
$32.81 |
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| End price/share: |
$127.20 |
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| Starting shares: |
304.79 |
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| Ending shares: |
350.46 |
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| Dividends reinvested/share: |
$8.29 |
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| Total return: |
345.78% |
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| Average Annual Total Return: |
16.12% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$44,591.09 |
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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: |
$32.81 |
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| End price/share: |
$127.20 |
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| Dividends collected/share: |
$8.29 |
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| Total return: |
312.95% |
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| Average Annual Total Return: |
15.23% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$41,288.04 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/27/1997 | 2 for 1
| | 06/26/1998 | 2 for 1
| | 05/09/2002 | 2 for 1 | | 02/03/2012 | 2 for 1 | | 11/07/2018 | 2 for 1 |
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