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Video: What is a Stock Split?
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A bank holding company, through its subsidiaries, that conducts a variety of woldwide financial services. Company's activities focus on Global Banking, National Consumer Services and Global Services. According to our CMB split history records, CMB has had 3 splits. | |
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CMB (CMB) has 3 splits in our CMB split history database. The first split for CMB took place on April 16, 1984. This was a 3 for 2
split, meaning for each 2
shares of CMB owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. CMB's second split took place on June 15, 1998. This was a 2 for 1
split, meaning for each share of CMB owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. CMB's third split took place on June 12, 2000. This was a 3 for 2
split, meaning for each 2
shares of CMB owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 4500 share position following the split.
When a company such as CMB 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 CMB split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CMB shares, starting with a $10,000 purchase of CMB, presented on a split-history-adjusted basis factoring in the complete CMB split history.

CMB -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
04/16/1984 | 3 for 2
| 06/15/1998 | 2 for 1
| 06/12/2000 | 3 for 2
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