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Avista (AVA) has 1 split in our AVA split history database. The split for AVA took place on November 10, 1993. This was a 2 for 1 split, meaning for each share of AVA 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 Avista 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 AVA 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 Avista shares, starting with a $10,000 purchase of AVA, presented on a split-history-adjusted basis factoring in the complete AVA split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||13.65%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||11.87%|
|Avista is a holding company. Through its subsidiaries, Co. is primarily an electric and natural gas utility with certain other business ventures. Co. has two reportable business segments: Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho, as well as natural gas distribution service in parts of northeastern and southwestern Oregon; and Alaska Electric Light and Power Company, which provides electric services in Juneau, AK. Co. also has other businesses, including sheet metal fabrication, venture fund investments, real estate investments, as well as certain other investments. According to our AVA split history records, Avista has had 1 split.|
|AVA Split History Table|
|11/10/1993||2 for 1|
|Utilities Stock Splits|
|AVA is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: AVA shares outstanding history