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Video: What is a Stock Split?
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TechnipFMC plc is a United Kingdom-based technology company, which operates in the energy industry. Co. is focused on delivering fully integrated projects, products, and services. Co. operates through two segments: Subsea and Surface Technologies. The Subsea segment manufactures and designs products and systems, performs engineering, procurement and project management and provides services used by oil and gas companies involved in offshore exploration and production of crude oil and natural gas. According to our FTI split history records, TechnipFMC has had 3 splits. | |
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TechnipFMC (FTI) has 3 splits in our FTI split history database. The first split for FTI took place on September 04, 2007. This was a 2 for 1 split, meaning for each share of FTI 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. FTI's second split took place on April 01, 2011. This was a 2 for 1 split, meaning for each share of FTI 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. FTI's third split took place on February 16, 2021. This was a 1344 for 1000 split, meaning for each 1000 shares of FTI owned pre-split, the shareholder now owned 1344 shares. For example, a 4000 share position pre-split, became a 5376 share position following the split.
When a company such as TechnipFMC 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 FTI split history from start to finish, an original position size of 1000 shares would have turned into 5376 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TechnipFMC shares, starting with a $10,000 purchase of FTI, presented on a split-history-adjusted basis factoring in the complete FTI split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/22/2015 |
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End date: |
01/17/2025 |
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Start price/share: |
$29.11 |
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End price/share: |
$32.57 |
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Starting shares: |
343.52 |
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Ending shares: |
371.88 |
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Dividends reinvested/share: |
$1.27 |
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Total return: |
21.12% |
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Average Annual Total Return: |
1.94% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,117.15 |
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Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/22/2015 |
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End date: |
01/17/2025 |
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Start price/share: |
$29.11 |
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End price/share: |
$32.57 |
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Dividends collected/share: |
$1.27 |
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Total return: |
16.24% |
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Average Annual Total Return: |
1.52% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,627.34 |
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Years: |
9.99 |
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Date |
Ratio |
09/04/2007 | 2 for 1 | 04/01/2011 | 2 for 1 | 02/16/2021 | 1344 for 1000 |
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