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 Video: What is a Stock Split?
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| RPM International, through its subsidiaries, manufactures, markets and sells various chemical product lines. Co.'s reportable segments are: the Construction Products Group, which provides construction sealants and adhesives, coatings and chemicals, roofing systems, concrete admixture and repair products, among others; Performance Coatings Group, which provides flooring solutions, corrosion control and fireproofing coatings, among others; Consumer Group, which provides paints, caulks, sealants, and other consumer products; and Specialty Products Group, which provides industrial cleaners, restoration services equipment, colorants, and other original equipment manufacturer coatings. According to our RPM split history records, RPM International has had 4 splits. | |
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RPM International (RPM) has 4 splits in our RPM split history database. The first split for RPM took place on December 10, 1990. This was a 4 for 3
split, meaning for each 3
shares of RPM owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 1333.33333333333 share position following the split. RPM's second split took place on December 07, 1992. This was a 3 for 2
split, meaning for each 2
shares of RPM owned pre-split, the shareholder now owned 3 shares. For example, a 1333.33333333333 share position pre-split, became a 2000 share position following the split. RPM's third split took place on December 11, 1995. This was a 5 for 4
split, meaning for each 4
shares of RPM owned pre-split, the shareholder now owned 5 shares. For example, a 2000 share position pre-split, became a 2500 share position following the split. RPM's 4th split took place on December 09, 1997. This was a 5 for 4
split, meaning for each 4
shares of RPM owned pre-split, the shareholder now owned 5 shares. For example, a 2500 share position pre-split, became a 3125 share position following the split.
When a company such as RPM International 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 RPM split history from start to finish, an original position size of 1000 shares would have turned into 3125 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RPM International shares, starting with a $10,000 purchase of RPM, presented on a split-history-adjusted basis factoring in the complete RPM split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$43.46 |
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| End price/share: |
$107.38 |
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| Starting shares: |
230.10 |
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| Ending shares: |
284.30 |
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| Dividends reinvested/share: |
$13.88 |
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| Total return: |
205.28% |
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| Average Annual Total Return: |
11.81% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,526.26 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$43.46 |
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| End price/share: |
$107.38 |
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| Dividends collected/share: |
$13.88 |
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| Total return: |
179.02% |
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| Average Annual Total Return: |
10.81% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$27,904.06 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 12/10/1990 | 4 for 3
| | 12/07/1992 | 3 for 2
| | 12/11/1995 | 5 for 4
| | 12/09/1997 | 5 for 4
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