|Free Dividend Report|
|Stock Splits Calendar|
|HRG Stock Split History|
|Preferred Stock Newsletter|
|HRG Options Chain|
|Stock Message Boards|
HRG (HRG) has 1 split in our HRG split history database. The split for HRG took place on July 16, 2018. This was a 162 for 1000 reverse split, meaning for each 1000 shares of HRG owned pre-split, the shareholder now owned 162 shares. For example, a 1000 share position pre-split, became a 162 share position following the split.
When a company such as HRG conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the HRG split history from start to finish, an original position size of 1000 shares would have turned into 162 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HRG shares, starting with a $10,000 purchase of HRG, presented on a split-history-adjusted basis factoring in the complete HRG split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||3.44%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||3.37%|
|HRG Group is a holding company. Co.'s principal operating subsidiaries include the following: Spectrum Brands Holdings, Inc., its subsidiary that provides global branded consumer products; Fidelity & Guaranty Life, its subsidiary that provides life insurance and annuity products; and Front Street Re (Delaware) Ltd., its subsidiary engaged in the business of providing long-term reinsurance, including reinsurance to the specialty insurance sector of fixed, deferred and payout annuities. According to our HRG split history records, HRG has had 1 split.|
|HRG Split History Table|
|07/16/2018||162 for 1000|
|Consumer Stock Splits|
|HRG is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: HRG shares outstanding history
HRG Split History | www.SplitHistory.com | Copyright © 2013 - 2023, All Rights ReservedNothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.