When a company such as Griffon 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 GFF split history from start to finish, an original position size of 1000 shares would have turned into 1100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Griffon shares, starting with a $10,000 purchase of GFF, presented on a split-history-adjusted basis factoring in the complete GFF split history.

About Griffon

Griffon is a management and holding company. Through its subsidiaries, Co. conducts its operations through two reportable segments: Consumer and Professional Products (CPP) and Home and Building Products (HBP). CPP is a manufacturer and a provider of consumer and other tools; residential, industrial and commercial fans; home storage and organization products; and products that improve indoor and outdoor lifestyles. CPP sells products through a portfolio of brands including AMES, Hunter and ClosetMaid. The HBP segment consists of Clopay Corporation, which manufactures a line of entry door systems designed to complement its residential garage door styles. According to our GFF split history records, Griffon has had 1 split.

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