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 Video: What is a Stock Split?
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| CA is a provider of software solutions enabling customers to plan, develop, automate, manage and secure applications across mobile, cloud, distributed and mainframe platforms. Co. has three operating segments: Enterprise Solutions, which includes products that are designed for mobile, cloud, and distributed computing environments and run on industry standard servers; Mainframe Solutions, which includes solutions for the IBM z Systems® platform; and Services, which includes a team of professionals who provide a variety of services, such as consulting, implementation, application management services, education and support services, to both commercial and government customers. According to our CA split history records, CA has had 5 splits. | |
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CA (CA) has 5 splits in our CA split history database. The first split for CA took place on May 08, 1987. This was a 2 for 1
split, meaning for each share of CA 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. CA's second split took place on June 19, 1989. This was a 2 for 1
split, meaning for each share of CA 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. CA's third split took place on September 06, 1995. This was a 3 for 2
split, meaning for each 2
shares of CA 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. CA's 4th split took place on July 16, 1996. This was a 3 for 2
split, meaning for each 2
shares of CA 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. CA's 5th split took place on November 28, 1997. This was a 3 for 2
split, meaning for each 2
shares of CA 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 CA 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 CA 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 CA shares, starting with a $10,000 purchase of CA, presented on a split-history-adjusted basis factoring in the complete CA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/05/2013 |
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| End date: |
11/05/2018 |
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| Start price/share: |
$27.28 |
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| End price/share: |
$44.44 |
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| Starting shares: |
366.57 |
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| Ending shares: |
433.73 |
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| Dividends reinvested/share: |
$5.30 |
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| Total return: |
92.75% |
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| Average Annual Total Return: |
12.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,278.64 |
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| Years: |
5.42 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/05/2013 |
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| End date: |
11/05/2018 |
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| Start price/share: |
$27.28 |
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| End price/share: |
$44.44 |
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| Dividends collected/share: |
$5.30 |
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| Total return: |
82.33% |
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| Average Annual Total Return: |
11.72% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,237.36 |
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| Years: |
5.42 |
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| Date |
Ratio |
| 05/08/1987 | 2 for 1
| | 06/19/1989 | 2 for 1
| | 09/06/1995 | 3 for 2
| | 07/16/1996 | 3 for 2
| | 11/28/1997 | 3 for 2
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