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Video: What is a Stock Split?
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Cemex SAB de CV is a Mexico-based operating and holding company primarily engaged, directly or indirectly, through subsidiaries, in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other globally provided construction materials. The construction-related services supply customers and communities in over 50 countries throughout the world. Co. operates in various locations, including Mexico, the U.S., Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. According to our CX split history records, Cemex S.A.B. de C.V. has had 8 splits. | |
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Cemex S.A.B. de C.V. (CX) has 8 splits in our CX split history database. The first split for CX took place on July 24, 2006. This was a 2 for 1 split, meaning for each share of CX 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. CX's second split took place on May 29, 2009. This was a 104 for 100 split, meaning for each 100 shares of CX owned pre-split, the shareholder now owned 104 shares. For example, a 2000 share position pre-split, became a 2080 share position following the split. CX's third split took place on March 27, 2012. This was a 26 for 25 split, meaning for each 25 shares of CX owned pre-split, the shareholder now owned 26 shares. For example, a 2080 share position pre-split, became a 2163.2 share position following the split. CX's 4th split took place on April 23, 2013. This was a 26 for 25 split, meaning for each 25 shares of CX owned pre-split, the shareholder now owned 26 shares. For example, a 2163.2 share position pre-split, became a 2249.728 share position following the split. CX's 5th split took place on April 22, 2014. This was a 104 for 100 split, meaning for each 100 shares of CX owned pre-split, the shareholder now owned 104 shares. For example, a 2249.728 share position pre-split, became a 2339.71712 share position following the split. CX's 6th split took place on April 28, 2015. This was a 104 for 100 split, meaning for each 100 shares of CX owned pre-split, the shareholder now owned 104 shares. For example, a 2339.71712 share position pre-split, became a 2433.3058048 share position following the split. CX's 7th split took place on April 29, 2016. This was a 104 for 100 split, meaning for each 100 shares of CX owned pre-split, the shareholder now owned 104 shares. For example, a 2433.3058048 share position pre-split, became a 2530.638036992 share position following the split. CX's 8th split took place on May 03, 2017. This was a 104 for 100 split, meaning for each 100 shares of CX owned pre-split, the shareholder now owned 104 shares. For example, a 2530.638036992 share position pre-split, became a 2631.86355847168 share position following the split.
When a company such as Cemex S.A.B. de C.V. 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 CX split history from start to finish, an original position size of 1000 shares would have turned into 2631.86355847168 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cemex S.A.B. de C.V. shares, starting with a $10,000 purchase of CX, presented on a split-history-adjusted basis factoring in the complete CX split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$8.31 |
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End price/share: |
$5.45 |
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Starting shares: |
1,203.37 |
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Ending shares: |
1,227.59 |
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Dividends reinvested/share: |
$0.09 |
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Total return: |
-33.10% |
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Average Annual Total Return: |
-3.94% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,691.47 |
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Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$8.31 |
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End price/share: |
$5.45 |
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Dividends collected/share: |
$0.09 |
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Total return: |
-33.31% |
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Average Annual Total Return: |
-3.97% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,670.61 |
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Years: |
9.99 |
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Date |
Ratio |
07/24/2006 | 2 for 1 | 05/29/2009 | 104 for 100 | 03/27/2012 | 26 for 25 | 04/23/2013 | 26 for 25 | 04/22/2014 | 104 for 100 | 04/28/2015 | 104 for 100 | 04/29/2016 | 104 for 100 | 05/03/2017 | 104 for 100 |
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