 |
 Video: What is a Stock Split?
|
|
|
| First Data engages in commerce-enabling technology and solutions for merchants, financial institutions, and card issuers. Co.'s segments include: Global Business Solutions, which provides businesses with a range of solutions at the point of sale, including merchant acquiring, eCommerce, mobile commerce, and other business solutions; Global Financial Solutions, which provides credit card and loan account processing, commercial payments, customer communications, plastics solutions, customer service, and other products to support issuers; and Network and Security Solutions, which provides a range of network solutions and security, risk and fraud management solutions to its clients. According to our FDC split history records, FDC has had 2 splits. | |
|
FDC (FDC) has 2 splits in our FDC split history database. The first split for FDC took place on November 18, 1996. This was a 2 for 1
split, meaning for each share of FDC 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. FDC's second split took place on June 05, 2002. This was a 2 for 1 split, meaning for each share of FDC 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.
When a company such as FDC 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 FDC split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FDC shares, starting with a $10,000 purchase of FDC, presented on a split-history-adjusted basis factoring in the complete FDC split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/15/2015 |
|
| End date: |
08/05/2019 |
|
| Start price/share: |
$15.75 |
|
| End price/share: |
$31.69 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
101.21% |
|
| Average Annual Total Return: |
20.15% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$20,118.96 |
|
| Years: |
3.81 |
|
|
|
| Date |
Ratio |
| 11/18/1996 | 2 for 1
| | 06/05/2002 | 2 for 1 |
|
|
Free FDC Email Alerts:
