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Video: What is a Stock Split?
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Amsurg operates in two lines of business: the operation of ambulatory surgery centers and providing outsourced physician services. Through its ambulatory services segment, Co. acquires, develops and operates ambulatory surgery centers (ASCs, surgery centers, or centers) in partnership with physicians. Through its physician services segment, Co. provides outsourced physician services in multiple specialties to hospitals, ASCs and other healthcare facilities, primarily in the areas of anesthesiology, radiology, children's services and emergency medicine. At Dec 31 2015, Co. operated 257 ASCs in 34 states and the District of Columbia in partnership with physicians. According to our AMSG split history records, AMSG has had 1 split. | |
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AMSG (AMSG) has 1 split in our AMSG split history database. The split for AMSG took place on March 25, 2004. This was a 3 for 2 split, meaning for each 2 shares of AMSG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as AMSG 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 AMSG split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AMSG shares, starting with a $10,000 purchase of AMSG, presented on a split-history-adjusted basis factoring in the complete AMSG split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
12/01/2016 |
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Start price/share: |
$53.61 |
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End price/share: |
$67.75 |
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Dividends collected/share: |
$0.00 |
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Total return: |
26.38% |
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Average Annual Total Return: |
13.39% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,637.86 |
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Years: |
1.86 |
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Date |
Ratio |
03/25/2004 | 3 for 2 |
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