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 Video: What is a Stock Split?
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| Foster Wheeler operates through two business groups: Global Engineering and Construction Group, which designs, engineers and constructs onshore and offshore upstream oil and gas processing facilities, natural gas liquefaction, facilities and receiving terminals, gas-to-liquids facilities, oil refining, chemical and petrochemical, pharmaceutical and biotechnology facilities and related infrastructure; and Global Power Group, which designs, manufactures and installs steam generators and auxiliary equipment for electric power generating stations, district heating and power plants and industrial facilities. According to our FWLT split history records, FWLT has had 1 split. | |
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FWLT (FWLT) has 1 split in our FWLT split history database. The split for FWLT took place on January 23, 2008. This was a 2 for 1 split, meaning for each share of FWLT 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.
When a company such as FWLT 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 FWLT split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FWLT shares, starting with a $10,000 purchase of FWLT, presented on a split-history-adjusted basis factoring in the complete FWLT split history.
No data found |
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| Date |
Ratio |
| 01/23/2008 | 2 for 1 |
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