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 Video: What is a Stock Split?
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| Clean Harbors, Inc. is a provider of sustainable environmental and industrial services throughout North America. Co. provides parts cleaning and related environmental services to general manufacturing, automotive and commercial customers in North America and re-refiner and recycler of used oil in North America. Co.'s Environmental Services segment collects, transports, treats and disposes hazardous and non-hazardous waste, including resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemical disposal, explosives management and CleanPack services. It also offers emergency response services. According to our CLH split history records, Clean Harbors has had 1 split. | |
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Clean Harbors (CLH) has 1 split in our CLH split history database. The split for CLH took place on July 27, 2011. This was a 2 for 1 split, meaning for each share of CLH 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.
When a company such as Clean Harbors 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 CLH split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Clean Harbors shares, starting with a $10,000 purchase of CLH, presented on a split-history-adjusted basis factoring in the complete CLH split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
12/06/2024 |
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| Start price/share: |
$47.20 |
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| End price/share: |
$248.00 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
425.42% |
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| Average Annual Total Return: |
18.05% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$52,560.55 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/27/2011 | 2 for 1 |
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