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Molson Coors Beverage (TAP) has 1 split in our Molson Coors Beverage stock split history database. The split for TAP took place on October 04, 2007. This was a 2 for 1 split, meaning for each share of TAP 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 Molson Coors Beverage 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 Molson Coors Beverage stock 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 Molson Coors Beverage shares, starting with a $10,000 purchase of TAP, presented on a split-history-adjusted basis factoring in the complete Molson Coors Beverage stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||3.06%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||3.39%|
|About Molson Coors Beverage|
|Molson Coors Brewing is a holding company. Through its subsidiaries, Co. is a brewer and has a portfolio of brands, including Blue Moon, Coors Banquet, Coors Light, Miller Lite, Staropramen, Carling, Molson Canadian and other brands, as well as craft and beers such as Creemore Springs, Cobra, Sharp's Doom Bar, Henry's Hard and Leinenkugel's. Co.'s segments include: MillerCoors LLC operating in the U.S.; Molson Coors Canada operating in Canada; Molson Coors Europe operating in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the United Kingdom and various other European countries; and Molson Coors International operating in other countries. According to our Molson Coors Beverage stock split history records, Molson Coors Beverage has had 1 split.|
|TAP Split History Table|
|10/04/2007||2 for 1|
|Consumer Stock Splits|
|TAP is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: TAP shares outstanding history