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 Video: What is a Stock Split?
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| Element Solutions is a global specialty chemicals company. Co.'s operations are organized into two reportable segments: Electronics and Industrial and Specialty. Co.'s Electronics segment researches, formulates and sells specialty chemicals and materials for various types of electronics hardware, from printed circuit board designs to semiconductor packaging. Co.'s Industrial and Specialty segment researches, formulates and sells specialty chemicals that enhance surfaces or improve industrial processes in various industrial sectors from automotive trim to transcontinental infrastructure and from printing to faucets. According to our ESI split history records, Element Solutions has had 3 splits. | |
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Element Solutions (ESI) has 3 splits in our ESI split history database. The first split for ESI took place on April 16, 1996. This was a 3 for 2
split, meaning for each 2
shares of ESI 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. ESI's second split took place on November 05, 1996. This was a 3 for 2
split, meaning for each 2
shares of ESI 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. ESI's third split took place on June 06, 2002. This was a 2 for 1 split, meaning for each share of ESI owned pre-split, the shareholder now owned 2 shares. For example, a 2250 share position pre-split, became a 4500 share position following the split.
When a company such as Element Solutions 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 ESI 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 Element Solutions shares, starting with a $10,000 purchase of ESI, presented on a split-history-adjusted basis factoring in the complete ESI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$26.91 |
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| End price/share: |
$25.62 |
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| Starting shares: |
371.61 |
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| Ending shares: |
393.03 |
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| Dividends reinvested/share: |
$1.18 |
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| Total return: |
0.69% |
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| Average Annual Total Return: |
0.07% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,070.20 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$26.91 |
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| End price/share: |
$25.62 |
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| Dividends collected/share: |
$1.18 |
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| Total return: |
-0.41% |
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| Average Annual Total Return: |
-0.04% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,960.08 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/16/1996 | 3 for 2
| | 11/05/1996 | 3 for 2
| | 06/06/2002 | 2 for 1 |
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