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L Brands (LB) has 1 split in our LB split history database. The split for LB took place on June 02, 1998. This was a 10000 for 9827 split, meaning for each 9827 shares of LB owned pre-split, the shareholder now owned 10000 shares. For example, a 1000 share position pre-split, became a 1017.60455886842 share position following the split.
When a company such as L Brands 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 LB split history from start to finish, an original position size of 1000 shares would have turned into 1017.60455886842 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into L Brands shares, starting with a $10,000 purchase of LB, presented on a split-history-adjusted basis factoring in the complete LB split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||8.34%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||9.88%|
|About L Brands|
|L Brands is a holding company. Through its subsidiaries, Co. is a specialty retailer of women's intimate and other apparel, personal care, beauty and home fragrance products. Co. sells its merchandise through company-owned specialty retail stores in the U.S., Canada, the U.K., Ireland and Greater China, and through its websites and other channels. Co.'s other international operations are primarily through franchise, license and wholesale partners. Co. has three reportable segments: Victoria's Secret, Bath & Body Works and Victoria's Secret and Bath & Body Works International. Co. operates the following retail brands: Victoria's Secret, PINK and Bath & Body Works. According to our LB split history records, L Brands has had 1 split.|
|LB Split History Table|
|06/02/1998||10000 for 9827|
|Services Stock Splits|
|LB is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: LB shares outstanding history