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If you bought a share of GE in 1929 what would it be worth today?
Wiki User
∙ 14y ago
GE has split 8 times since 1929, as shown here:
2000 3-for-1
1997 2-for-1
1994 2-for-1
1987 2-for-1
1983 2-for-1
1971 2-for-1
1954 3-for-1
1930 4-for-1
So one share bought in 1929 would be 1152 shares today. At its close on 10/16/09 of $16.08 per share, it would be worth $18,524.16.
Wiki User
∙ 14y ago
If you bought a share of GE in 1929, it's important to note that the company has gone through various stock splits and changes over the years. Without considering any dividends, the price of a single share of GE purchased in 1929 would be worth significantly more today. However, it's difficult to determine the exact value without the specific details of the number of splits and changes the stock underwent since then.
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