The first quarter data update the Automotive News/PricewaterhouseCoopers Total Shareholder Return Index. The index is calculated separately for automakers, suppliers and retailers. Total shareholder return, considered the best indicator of shareholder value, shows the change in the value of an investment in a period. Each company on the Automotive News/PricewaterhouseCoopers Total Shareholder Return Index is measured by using share price movement, stock splits or buybacks and reinvestment of cash dividends. The calculation assumes all dividends are reinvested in additional stock. The index average is weighted by market capitalization - a company's share price multiplied by shares outstanding - so the performance of companies with larger market capitalization has a greater impact on the index.
SHAREHOLDER VALUE: About shareholder return
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