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|MOV Stock Split History|
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Movado Group (MOV) has 1 split in our MOV split history database. The split for MOV took place on June 28, 2004. This was a 2 for 1 split, meaning for each share of MOV owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as Movado Group 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 MOV 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 Movado Group shares, starting with a $10,000 purchase of MOV, presented on a split-history-adjusted basis factoring in the complete MOV split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||3.36%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||4.59%|
|About Movado Group|
|Movado Group designs, sources, markets and distributes watches. Co.'s portfolio of watch brands comprised of owned brands MOVADO®, MVMT®, OLIVIA BURTON®, EBEL® and CONCORD® as well as licensed brands COACH®, TOMMY HILFIGER®, HUGO BOSS®, LACOSTE®, SCUDERIA FERRARI®, REBECCA MINKOFF® and URI MINKOFF®. Co. conducts its business primarily in two operating segments: Watch and Accessory Brands, which includes the designing, manufacturing and distribution of watches of quality owned brands and licensed brands; and Company Stores, which includes retail outlet locations in the U.S. and Canada. Co. divides its business into two primary geographic locations: U.S. and International. According to our MOV split history records, Movado Group has had 1 split.|
|MOV Split History Table|
|06/28/2004||2 for 1|
|Consumer Stock Splits|
|MOV 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: MOV shares outstanding history