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Video: What is a Stock Split?
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Exponent is a science and engineering consulting firm. Co. operates various practices in two reportable operating segments, Engineering and Other Scientific and Environmental and Health. The Engineering and Other Scientific segment is a service group providing technical consulting in different practices primarily in engineering. The Environmental and Health segment provides services in the area of environmental, epidemiology and health risk analysis. This segment provides a range of consulting services relating to environmental hazards and risks and the impact on both human health and the environment. According to our EXPO split history records, Exponent has had 3 splits. | |
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Exponent (EXPO) has 3 splits in our EXPO split history database. The first split for EXPO took place on June 12, 2006. This was a 2 for 1 split, meaning for each share of EXPO 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. EXPO's second split took place on June 05, 2015. This was a 2 for 1 split, meaning for each share of EXPO owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. EXPO's third split took place on June 08, 2018. This was a 2 for 1 split, meaning for each share of EXPO owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as Exponent 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 EXPO split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Exponent shares, starting with a $10,000 purchase of EXPO, presented on a split-history-adjusted basis factoring in the complete EXPO split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
09/16/2014 |
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End date: |
09/13/2024 |
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Start price/share: |
$18.71 |
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End price/share: |
$107.29 |
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Starting shares: |
534.47 |
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Ending shares: |
598.38 |
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Dividends reinvested/share: |
$6.70 |
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Total return: |
542.00% |
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Average Annual Total Return: |
20.44% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$64,225.50 |
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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: |
09/16/2014 |
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End date: |
09/13/2024 |
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Start price/share: |
$18.71 |
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End price/share: |
$107.29 |
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Dividends collected/share: |
$6.70 |
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Total return: |
509.26% |
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Average Annual Total Return: |
19.81% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$60,943.96 |
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Years: |
10.00 |
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Date |
Ratio |
06/12/2006 | 2 for 1 | 06/05/2015 | 2 for 1 | 06/08/2018 | 2 for 1 |
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