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Video: What is a Stock Split?
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CECO Environmental Corp. is a diversified industrial company dedicated to environmental solutions, operating through two primary segments. The Engineered Systems segment serves industries such as power generation and water treatment, offering advanced solutions like emissions control and filtration systems. The Industrial Process Solutions segment focuses on air pollution and fluid handling for sectors including automotive, food and beverage, and semiconductor manufacturing. CECO's innovative engineering and commitment to sustainability position it as a leader in promoting environmentally responsible practices across various industrial applications. According to our CECO split history records, CECO Environmental has had 3 splits. | |
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CECO Environmental (CECO) has 3 splits in our CECO split history database. The first split for CECO took place on August 28, 2000. This was a 2 for 1 split, meaning for each share of CECO 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. CECO's second split took place on October 01, 2001. This was a 2 for 1 split, meaning for each share of CECO 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. CECO's third split took place on August 25, 2003. This was a 2 for 1 split, meaning for each share of CECO owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as CECO Environmental 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 CECO split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CECO Environmental shares, starting with a $10,000 purchase of CECO, presented on a split-history-adjusted basis factoring in the complete CECO split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/11/2014 |
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End date: |
12/09/2024 |
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Start price/share: |
$14.16 |
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End price/share: |
$32.77 |
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Starting shares: |
706.21 |
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Ending shares: |
770.43 |
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Dividends reinvested/share: |
$0.81 |
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Total return: |
152.47% |
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Average Annual Total Return: |
9.70% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,245.06 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/11/2014 |
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End date: |
12/09/2024 |
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Start price/share: |
$14.16 |
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End price/share: |
$32.77 |
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Dividends collected/share: |
$0.81 |
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Total return: |
137.17% |
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Average Annual Total Return: |
9.02% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$23,722.72 |
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Years: |
10.00 |
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Date |
Ratio |
08/28/2000 | 2 for 1 | 10/01/2001 | 2 for 1 | 08/25/2003 | 2 for 1 |
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