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 Video: What is a Stock Split?
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| Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, is a provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Its segments include Freight and Transit. The Freight Segment primarily manufactures new and modernized locomotives; provides aftermarket parts and services to existing locomotives; provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products; overhauls locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. According to our Wabtec stock split history records, Wabtec has had 1 split. | |
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Wabtec (WAB) has 1 split in our Wabtec stock split history database. The split for WAB took place on June 12, 2013. This was a 2 for 1 split, meaning for each share of WAB 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 Wabtec 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 Wabtec 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 Wabtec shares, starting with a $10,000 purchase of WAB, presented on a split-history-adjusted basis factoring in the complete Wabtec 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: |
$95.27 |
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| End price/share: |
$184.78 |
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| Starting shares: |
104.96 |
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| Ending shares: |
111.08 |
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| Dividends reinvested/share: |
$5.27 |
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| Total return: |
105.25% |
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| Average Annual Total Return: |
7.46% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,529.71 |
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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: |
$95.27 |
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| End price/share: |
$184.78 |
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| Dividends collected/share: |
$5.27 |
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| Total return: |
99.49% |
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| Average Annual Total Return: |
7.15% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,945.25 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/12/2013 | 2 for 1 |
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