When a company such as Central Garden and Pet 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 CENT split history from start to finish, an original position size of 1000 shares would have turned into 1277 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Central Garden and Pet shares, starting with a $10,000 purchase of CENT, presented on a split-history-adjusted basis factoring in the complete CENT split history.

About Central Garden and Pet

Central Garden & Pet Co. is engaged in the garden and pet industries in the U.S.. Its segments include Pet and Garden. Its Pet segment includes dog and cat supplies such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, pet containment; supplies for aquatics, small animals, reptiles and pet birds, including toys, cages and habitats, bedding, food and supplements; products for equine and livestock, animal and household health and insect control products; live fish and small animals as well as outdoor cushions. According to our CENT split history records, Central Garden and Pet has had 1 split.

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