Video Creative
RAD Historical Stock Prices ยป
Video: What is a Stock Split?

If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Rite Aid is a pharmacy retail healthcare company. Co. operates through its two reportable segments: Retail Pharmacy, which sells brand and generic prescription drugs, as well as an assortment of front-end products including health and beauty aids, personal care products, seasonal merchandise, and a private brand product line; and Pharmacy Services, which provides pharmacy benefit management (PBM) options through its EnvisionRxOption and MedTrak PBMs, as well as mail-order and specialty pharmacy services and cash pay infertility discount drug program via Design Rx, among others. As of Mar 4 2017, Co. operated 4,536 stores in 31 states across the country and in the District of Columbia. According to our RAD split history records, Rite Aid has had 2 splits.
RAD split history picture
Rite Aid (RAD) has 2 splits in our RAD split history database. The first split for RAD took place on July 08, 1991. This was a 2 for 1 split, meaning for each share of RAD 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. RAD's second split took place on February 03, 1998. This was a 2 for 1 split, meaning for each share of RAD owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.

When a company such as Rite Aid 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 RAD split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Rite Aid shares, starting with a $10,000 purchase of RAD, presented on a split-history-adjusted basis factoring in the complete RAD split history. RAD split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 01/23/2008
End date: 01/22/2018
Start price/share: $2.19
End price/share: $2.29
Dividends collected/share: $0.00
Total return: 4.57%
Average Annual Total Return: 0.45%
Starting investment: $10,000.00
Ending investment: $10,459.48
Years: 10.01
Date Ratio
07/08/19912 for 1
02/03/19982 for 1
RAD is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:

RCII Split History
RCL Split History
RGC Split History
RICK Split History
RLJE Split History
ROST Split History
RSH Split History
RUSHA Split History
RUSHB Split History
RYL Split History

More latest