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Video: What is a Stock Split?
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Manufactures standard and custom-built industrial process equipment primarily used for low-temperature cryogenic applications. Its products include vacuum-insulated containment vessels heat exchangers cold boxes and other cryogenic components. According to our CTI split history records, CTI has had 2 splits. | |
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CTI (CTI) has 2 splits in our CTI split history database. The first split for CTI took place on July 01, 1997. This was a 3 for 2
split, meaning for each 2
shares of CTI 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. CTI's second split took place on July 01, 1998. This was a 3 for 2
split, meaning for each 2
shares of CTI owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as CTI 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 CTI split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CTI shares, starting with a $10,000 purchase of CTI, presented on a split-history-adjusted basis factoring in the complete CTI split history.
CTI -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
07/01/1997 | 3 for 2
| 07/01/1998 | 3 for 2
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