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|PNRA Stock Split History|
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PNRA (PNRA) has 1 split in our PNRA split history database. The split for PNRA took place on June 25, 2002. This was a 2 for 1 split, meaning for each share of PNRA 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 PNRA 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 PNRA 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 PNRA shares, starting with a $10,000 purchase of PNRA, presented on a split-history-adjusted basis factoring in the complete PNRA split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||21.02%|
|Panera Bread and its subsidiaries operate a retail bakery-cafe business and franchising business under the concept names Panera Bread®, Saint Louis Bread Co®, and Paradise Bakery & Cafe®. As of Dec 29 2015, Co.'s retail operations consisted of 901 Co.-owned bakery-cafes and 1,071 franchise-operated bakery-cafes. Co. provides the following: baked goods, made-to-order sandwiches, soups, pasta dishes, salads, and cafe beverages. In addition to its in-bakery-cafe dining experience, Co. provides Panera Catering, a nation-wide catering service that provides breakfast assortments, sandwiches, salads, soups, pasta dishes, drinks, and bakery items. According to our PNRA split history records, PNRA has had 1 split.|
|PNRA Split History Table|
|06/25/2002||2 for 1|
|Services Stock Splits|
|PNRA is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:|