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 Video: What is a Stock Split?
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| ABM Industries provides facility, infrastructure, and mobility solutions. Co.'s segments include: Business and Industry, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties, sports and entertainment venues, and hospitals and non-acute healthcare facilities; Manufacturing and Distribution, which provides facility services, engineering, janitorial, and other services in different types of manufacturing, distribution, and data center facilities; and Aviation, which supports airlines and airports with services ranging from parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation. According to our ABM split history records, ABM Industries has had 4 splits. | |
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ABM Industries (ABM) has 4 splits in our ABM split history database. The first split for ABM took place on April 10, 1989. This was a 5 for 4
split, meaning for each 4
shares of ABM owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. ABM's second split took place on July 31, 1992. This was a 2 for 1
split, meaning for each share of ABM owned pre-split, the shareholder now owned 2 shares. For example, a 1250 share position pre-split, became a 2500 share position following the split. ABM's third split took place on August 06, 1996. This was a 2 for 1
split, meaning for each share of ABM owned pre-split, the shareholder now owned 2 shares. For example, a 2500 share position pre-split, became a 5000 share position following the split. ABM's 4th split took place on May 07, 2002. This was a 2 for 1 split, meaning for each share of ABM owned pre-split, the shareholder now owned 2 shares. For example, a 5000 share position pre-split, became a 10000 share position following the split.
When a company such as ABM Industries 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 ABM split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ABM Industries shares, starting with a $10,000 purchase of ABM, presented on a split-history-adjusted basis factoring in the complete ABM split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/12/2014 |
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| End date: |
09/10/2024 |
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| Start price/share: |
$27.76 |
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| End price/share: |
$49.92 |
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| Starting shares: |
360.23 |
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| Ending shares: |
439.00 |
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| Dividends reinvested/share: |
$7.39 |
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| Total return: |
119.15% |
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| Average Annual Total Return: |
8.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,915.94 |
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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: |
09/12/2014 |
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| End date: |
09/10/2024 |
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| Start price/share: |
$27.76 |
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| End price/share: |
$49.92 |
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| Dividends collected/share: |
$7.39 |
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| Total return: |
106.45% |
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| Average Annual Total Return: |
7.52% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,652.79 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/10/1989 | 5 for 4
| | 07/31/1992 | 2 for 1
| | 08/06/1996 | 2 for 1
| | 05/07/2002 | 2 for 1 |
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