 |
 Video: What is a Stock Split?
|
|
|
| AMETEK, Inc. is a global provider of industrial technology solutions serving a diverse set of niche markets. Co.'s segments include Electronic Instruments (EIG) and Electromechanical (EMG). The EIG segment manufactures advanced instruments for the process, power and industrial, and aerospace markets. It provides process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries. The EIG segment also provides instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets. According to our AME split history records, AMETEK has had 5 splits. | |
|
AMETEK (AME) has 5 splits in our AME split history database. The first split for AME took place on November 20, 1987. This was a 2 for 1
split, meaning for each share of AME 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. AME's second split took place on March 01, 2004. This was a 2 for 1 split, meaning for each share of AME owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. AME's third split took place on November 28, 2006. This was a 3 for 2 split, meaning for each 2 shares of AME owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 6000 share position following the split. AME's 4th split took place on December 22, 2010. This was a 3 for 2 split, meaning for each 2 shares of AME owned pre-split, the shareholder now owned 3 shares. For example, a 6000 share position pre-split, became a 9000 share position following the split. AME's 5th split took place on July 02, 2012. This was a 3 for 2 split, meaning for each 2 shares of AME owned pre-split, the shareholder now owned 3 shares. For example, a 9000 share position pre-split, became a 13500 share position following the split.
When a company such as AMETEK 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 AME split history from start to finish, an original position size of 1000 shares would have turned into 13500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AMETEK shares, starting with a $10,000 purchase of AME, presented on a split-history-adjusted basis factoring in the complete AME split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
01/23/2015 |
|
| End date: |
01/21/2025 |
|
| Start price/share: |
$48.83 |
|
| End price/share: |
$184.70 |
|
| Starting shares: |
204.79 |
|
| Ending shares: |
219.14 |
|
| Dividends reinvested/share: |
$6.72 |
|
| Total return: |
304.75% |
|
| Average Annual Total Return: |
15.00% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$40,471.07 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/23/2015 |
|
| End date: |
01/21/2025 |
|
| Start price/share: |
$48.83 |
|
| End price/share: |
$184.70 |
|
| Dividends collected/share: |
$6.72 |
|
| Total return: |
292.01% |
|
| Average Annual Total Return: |
14.63% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$39,187.30 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 11/20/1987 | 2 for 1
| | 03/01/2004 | 2 for 1 | | 11/28/2006 | 3 for 2 | | 12/22/2010 | 3 for 2 | | 07/02/2012 | 3 for 2 |
|
|
Free AME Email Alerts:
