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|NSC Stock Split History|
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Norfolk Southern (NSC) has 2 splits in our NSC split history database. The first split for NSC took place on April 07, 1987. This was a 3 for 1 split, meaning for each share of NSC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. NSC's second split took place on October 10, 1997. This was a 3 for 1 split, meaning for each share of NSC owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 9000 share position following the split.
When a company such as Norfolk Southern 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 NSC split history from start to finish, an original position size of 1000 shares would have turned into 9000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Norfolk Southern shares, starting with a $10,000 purchase of NSC, presented on a split-history-adjusted basis factoring in the complete NSC split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||17.05%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||15.44%|
|About Norfolk Southern|
|Norfolk Southern is a holding company. Through its subsidiaries, Co. is engaged in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the U.S. Co. also transports overseas freight through several Atlantic and Gulf Coast ports. Co. provides intermodal network in the eastern half of the U.S. Co.'s railroad operates in several states and the District of Columbia. Co.'s system reaches manufacturing plants, electric generating facilities, mines, distribution centers, transload facilities, and other businesses located in its service area. According to our NSC split history records, Norfolk Southern has had 2 splits.|
|NSC Split History Table|
|04/07/1987||3 for 1|
|10/10/1997||3 for 1|
|Industrials Stock Splits|
|NSC is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: NSC shares outstanding history