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 Video: What is a Stock Split?
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| Coherent Corp., specializing in materials, networking, and lasers, is a vertically integrated manufacturing company that develops, manufactures, and markets engineered materials, optoelectronic components and devices, and lasers for use in the industrial, communications, electronics, and instrumentation markets. Its segments include Networking, Materials and Lasers. The Networking segment leverages its compound semiconductor technology platforms and knowledge of end-user applications for its key end markets to deliver differentiated components and subsystems. According to our COHR split history records, Coherent has had 1 split. | |
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Coherent (COHR) has 1 split in our COHR split history database. The split for COHR took place on March 02, 1998. This was a 2 for 1
split, meaning for each share of COHR 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 Coherent 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 COHR 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 Coherent shares, starting with a $10,000 purchase of COHR, presented on a split-history-adjusted basis factoring in the complete COHR split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$13.88 |
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| End price/share: |
$106.54 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
667.58% |
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| Average Annual Total Return: |
22.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$76,762.15 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/02/1998 | 2 for 1
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