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 Video: What is a Stock Split?
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| EVERTEC, Inc. is a transaction processing company. Co. provides a range of merchant acquiring, payment processing and business process management services. Co. operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of Desc. 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually. It offers a range of services for core bank processing, cash processing and technology outsourcing. It owns and operates the ATH network, which is a personal identification number (PIN) debit network in Latin America. According to our EVTC split history records, Evertec has had 1 split. | |
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Evertec (EVTC) has 1 split in our EVTC split history database. The split for EVTC took place on May 05, 2008. This was a 10000 for 5271 split, meaning for each 5271 shares of EVTC owned pre-split, the shareholder now owned 10000 shares. For example, a 1000 share position pre-split, became a 1897.17321191425 share position following the split.
When a company such as Evertec 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 EVTC split history from start to finish, an original position size of 1000 shares would have turned into 1897.17321191425 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Evertec shares, starting with a $10,000 purchase of EVTC, presented on a split-history-adjusted basis factoring in the complete EVTC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$20.73 |
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| End price/share: |
$33.32 |
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| Starting shares: |
482.39 |
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| Ending shares: |
533.50 |
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| Dividends reinvested/share: |
$2.35 |
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| Total return: |
77.76% |
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| Average Annual Total Return: |
5.92% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,776.58 |
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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: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$20.73 |
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| End price/share: |
$33.32 |
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| Dividends collected/share: |
$2.35 |
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| Total return: |
72.07% |
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| Average Annual Total Return: |
5.58% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,213.98 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/05/2008 | 10000 for 5271 |
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