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 Video: What is a Stock Split?
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| Cooper Industries conducts its operations through two business segments. Co.'s Energy & Safety Solutions segment, which includes the operations of its Cooper Crouse-Hinds, Cooper Power Systems, and Cooper Safety divisions, manufactures, markets and sells electrical protection and security products. Co.'s Electrical Products Group segment, which includes the operations of its Cooper B-Line, Cooper Bussmann, Cooper Lighting and Cooper Wiring Devices divisions, manufactures, markets and sells electrical and circuit protection products, support systems, enclosures, specialty connectors, wiring devices, plugs, receptacles, switches, lighting fixtures and controls, and fuses. According to our CBE split history records, CBE has had 2 splits. | |
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CBE (CBE) has 2 splits in our CBE split history database. The first split for CBE took place on April 11, 1989. This was a 2 for 1
split, meaning for each share of CBE 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. CBE's second split took place on March 16, 2007. This was a 2 for 1 split, meaning for each share of CBE 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 CBE 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 CBE 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 CBE shares, starting with a $10,000 purchase of CBE, presented on a split-history-adjusted basis factoring in the complete CBE split history.
CBE -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 04/11/1989 | 2 for 1
| | 03/16/2007 | 2 for 1 |
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