When a company such as LG 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 LG 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 LG shares, starting with a $10,000 purchase of LG, presented on a split-history-adjusted basis factoring in the complete LG split history.

About LG

Laclede Group is a public utility holding company. Co. has two business segments: Gas Utility and Gas Marketing. The Gas Utility segment includes the regulated operations of Laclede Gas Company, which is a natural gas distribution utility in Missouri; and Alabama Gas Corporation, which is a public utility in central and north Alabama. The Gas Marketing segment includes Laclede Energy Resources, Inc., which is engaged in the marketing of natural gas and related activities on a non-regulated basis. Co. is also engaged in compression of natural gas, oil production, real estate development, risk management, and financial investments in other enterprises, among other activities. According to our LG split history records, LG has had 1 split.

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