When a company such as Westpac Banking 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 WBK split history from start to finish, an original position size of 1000 shares would have turned into 5000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Westpac Banking shares, starting with a $10,000 purchase of WBK, presented on a split-history-adjusted basis factoring in the complete WBK split history.

About Westpac Banking

Westpac Banking is engaged in the provision of financial services including lending, deposit taking, payments services, investment platforms, superannuation and funds management, insurance services, leasing finance, general finance, interest rate risk management and foreign exchange services. Co.'s operations include the following segments: Consumer, which provides a range of banking products and services, including mortgages, credit cards, personal loans, and savings and at call deposits to consumers in Australia; and Business, which provides banking services and products to Australian small business, agribusiness and commercial businesses. According to our WBK split history records, Westpac Banking has had 1 split.

WBK Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved