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 Video: What is a Stock Split?
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| ASGN is a provider of information technology services and other solutions, including technology, creative, and digital, across the commercial and government sectors. Co. operates through two segments, Commercial and Federal Government. Co.'s Commercial Segment provides consulting, creative digital marketing and permanent placement services primarily to Fortune 1000 clients and mid-market companies. Co.'s Federal Government Segment provides solutions to the Department of Defense, intelligence agencies and civilian agencies. According to our ASGN split history records, ASGN has had 2 splits. | |
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ASGN (ASGN) has 2 splits in our ASGN split history database. The first split for ASGN took place on October 21, 1997. This was a 2 for 1
split, meaning for each share of ASGN 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. ASGN's second split took place on April 04, 2000. This was a 2 for 1
split, meaning for each share of ASGN 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.
When a company such as ASGN 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 ASGN split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ASGN shares, starting with a $10,000 purchase of ASGN, presented on a split-history-adjusted basis factoring in the complete ASGN split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$26.65 |
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| End price/share: |
$94.16 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
253.32% |
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| Average Annual Total Return: |
13.45% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$35,334.19 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/21/1997 | 2 for 1
| | 04/04/2000 | 2 for 1
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