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Video: What is a Stock Split?
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Cooper-Standard Holdings is a holding company. Through its subsidiaries, Co. is a manufacturer of sealing, fuel and brake delivery, and fluid transfer systems. Co.'s operating segments are: North America, Europe, Asia Pacific and South America. Co.'s product lines include: sealing systems, which protect vehicle interiors from weather, dust and noise intrusion; fuel and brake delivery systems, which sense, deliver and control fluids to fuel and brake systems; and fluid transfer systems, which sense, deliver and control fluid and vapors for thermal management, powertrain and HVAC operation. According to our CPS split history records, Cooper-Standard Holdings has had 3 splits. | |
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Cooper-Standard Holdings (CPS) has 3 splits in our CPS split history database. The first split for CPS took place on November 26, 1999. This was a 2 for 1
split, meaning for each share of CPS 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. CPS's second split took place on March 08, 2001. This was a 3 for 2 split, meaning for each 2 shares of CPS owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. CPS's third split took place on June 07, 2002. This was a 4 for 3 split, meaning for each 3 shares of CPS owned pre-split, the shareholder now owned 4 shares. For example, a 3000 share position pre-split, became a 4000 share position following the split.
When a company such as Cooper-Standard Holdings 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 CPS 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 Cooper-Standard Holdings shares, starting with a $10,000 purchase of CPS, presented on a split-history-adjusted basis factoring in the complete CPS split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/10/2014 |
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End date: |
10/08/2024 |
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Start price/share: |
$53.40 |
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End price/share: |
$14.41 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-73.01% |
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Average Annual Total Return: |
-12.27% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$2,699.76 |
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Years: |
10.00 |
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Date |
Ratio |
11/26/1999 | 2 for 1
| 03/08/2001 | 3 for 2 | 06/07/2002 | 4 for 3 |
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