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Video: What is a Stock Split?
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Amerigroup is a multi-state managed healthcare company focused on serving people who receive healthcare benefits through publicly funded healthcare programs, including Medicaid, Children's Health Insurance Program, Medicaid expansion programs and Medicare Advantage. Co. designs its programs to address the needs of its members, for whom it facilitates access to healthcare benefits pursuant to agreements with applicable state and federal government agencies. Co. provides its healthcare products through publicly funded programs to its members in Texas, Florida, Georgia, Maryland, Tennessee, New Jersey, New York, Nevada, Ohio, Virginia and New Mexico, and beginning Feb 1 2012, in Louisiana. According to our AGP split history records, AGP has had 1 split. | |
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AGP (AGP) has 1 split in our AGP split history database. The split for AGP took place on January 19, 2005. This was a 2 for 1 split, meaning for each share of AGP 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.
When a company such as AGP 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 AGP split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AGP shares, starting with a $10,000 purchase of AGP, presented on a split-history-adjusted basis factoring in the complete AGP split history.

AGP -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
01/19/2005 | 2 for 1 |
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