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|WAB Stock Split History|
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Wabtec (WAB) has 1 split in our WAB split history database. The split for WAB took place on June 12, 2013. This was a 2 for 1 split, meaning for each share of WAB 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 Wabtec 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 WAB 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 Wabtec shares, starting with a $10,000 purchase of WAB, presented on a split-history-adjusted basis factoring in the complete WAB split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||7.73%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||7.97%|
|Wabtec primarily serves the global freight rail and passenger transit industries. Co. provides its products and services through two segments: Freight, which primarily manufactures and provides aftermarket parts and services for new locomotives; provides components for new and existing locomotives and freight cars; builds new commuter locomotives; and supplies rail control and infrastructure products, among others: and Transit, which primarily manufactures and services components for new and existing passenger transit vehicles, mainly regional trains, high speed trains, subway cars, light-rail vehicles and buses; and supplies rail control and infrastructure products, among others. According to our WAB split history records, Wabtec has had 1 split.|
|WAB Split History Table|
|06/12/2013||2 for 1|
|Industrials Stock Splits|
|WAB 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: WAB shares outstanding history