Split History
XL split history picture
XL (XL) has 1 split in our XL split history database. The split for XL took place on July 29, 1996. This was a 2 for 1 split, meaning for each share of XL 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 XL 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 XL 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 XL shares, starting with a $10,000 purchase of XL, presented on a split-history-adjusted basis factoring in the complete XL split history. XL split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/04/2019
End date: 11/11/2022
Start price/share: $9.82
End price/share: $1.14
Dividends collected/share: $0.00
Total return: -88.39%
Average Annual Total Return: -49.10%
Starting investment: $10,000.00
Ending investment: $1,160.68
Years: 3.19
XL Fleet is a provider of fleet electrification solutions for commercial vehicles in North America, providing its systems for vehicle electrification (its Power Drive business) and through its energy efficiency and infrastructure solutions business, including charging stations to enable customers to plug in their electrified vehicles (its XL Grid business). Co.'s XL Grid energy efficiency and infrastructure services business is primarily project driven where it identifies efficiency measures and infrastructure enhancements that commercial and municipal customers can implement to improve efficiency and expand capacity for fleet electrification. According to our XL split history records, XL has had 1 split.
Date Ratio
07/29/19962 for 1
XL is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:

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ADL Split History
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AEI Split History

Also explore: XL shares outstanding history

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