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 Video: What is a Stock Split?
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| First Advantage provides technology solutions for screening, verifications, safety, and compliance related to human capital. Co. provides pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and screening products. Co. also provides post-onboarding solutions, including criminal records monitoring, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses. According to our FA split history records, First Advantage has had 2 splits. | |
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First Advantage (FA) has 2 splits in our FA split history database. The first split for FA took place on October 05, 1988. This was a 3 for 2
split, meaning for each 2
shares of FA 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. FA's second split took place on July 03, 1989. This was a 2 for 1
split, meaning for each share of FA owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as First Advantage 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 FA split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Advantage shares, starting with a $10,000 purchase of FA, presented on a split-history-adjusted basis factoring in the complete FA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/24/2021 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$20.01 |
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| End price/share: |
$19.82 |
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| Starting shares: |
499.75 |
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| Ending shares: |
555.28 |
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| Dividends reinvested/share: |
$1.50 |
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| Total return: |
10.06% |
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| Average Annual Total Return: |
2.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,004.76 |
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| Years: |
3.28 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/24/2021 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$20.01 |
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| End price/share: |
$19.82 |
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| Dividends collected/share: |
$1.50 |
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| Total return: |
6.55% |
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| Average Annual Total Return: |
1.95% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,654.39 |
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| Years: |
3.28 |
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| Date |
Ratio |
| 10/05/1988 | 3 for 2
| | 07/03/1989 | 2 for 1
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