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Video: What is a Stock Split?
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Clarivate is an information services and analytics company. Co. provides nformation and analytics to facilitate the discovery, protection and commercialization of scientific research, innovations and brands. Co.'s Science Product Group consists of Web of Science and Life Science product lines, which provide information that is delivered and embedded into the workflows of its customers, Co.'s IP Product Group consists of its Derwent, CompuMark and MarkMonitor Product Lines, which help manage customer's end-to-end portfolio of intellectual property from patents to trademarks to corporate website domains. According to our CCC split history records, CCC has had 2 splits. | |
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CCC (CCC) has 2 splits in our CCC split history database. The first split for CCC took place on November 15, 1988. This was a 2 for 1
split, meaning for each share of CCC 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. CCC's second split took place on June 04, 1991. This was a 2 for 1
split, meaning for each share of CCC 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 CCC 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 CCC 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 CCC shares, starting with a $10,000 purchase of CCC, presented on a split-history-adjusted basis factoring in the complete CCC split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/29/2018 |
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End date: |
01/29/2021 |
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Start price/share: |
$9.60 |
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End price/share: |
$28.94 |
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Dividends collected/share: |
$0.00 |
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Total return: |
201.46% |
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Average Annual Total Return: |
63.13% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$30,145.34 |
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Years: |
2.25 |
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Date |
Ratio |
11/15/1988 | 2 for 1
| 06/04/1991 | 2 for 1
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