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 Video: What is a Stock Split?
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| Global Payments is a payments technology company providing software and services to merchant locations and financial institutions. Co. operates in three segments: Merchant Solutions, which provides payments technology and software solutions to customers globally; Issuer Solutions, which provides solutions that enable financial institutions and other financial service providers to manage their card portfolios, reduce technical complexity and overhead; and Business and Consumer Solutions, which provides general purpose reloadable prepaid debit and payroll cards, demand deposit accounts and other financial service solutions through its Netspend® brand and other brands. According to our GPN split history records, Global Payments has had 2 splits. | |
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Global Payments (GPN) has 2 splits in our GPN split history database. The first split for GPN took place on October 31, 2005. This was a 2 for 1 split, meaning for each share of GPN 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. GPN's second split took place on November 03, 2015. This was a 2 for 1 split, meaning for each share of GPN 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 Global Payments 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 GPN 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 Global Payments shares, starting with a $10,000 purchase of GPN, presented on a split-history-adjusted basis factoring in the complete GPN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
11/28/2023 |
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| Start price/share: |
$31.34 |
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| End price/share: |
$115.50 |
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| Starting shares: |
319.08 |
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| Ending shares: |
328.76 |
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| Dividends reinvested/share: |
$3.85 |
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| Total return: |
279.72% |
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| Average Annual Total Return: |
14.28% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$37,965.11 |
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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: |
12/02/2013 |
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| End date: |
11/28/2023 |
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| Start price/share: |
$31.34 |
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| End price/share: |
$115.50 |
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| Dividends collected/share: |
$3.85 |
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| Total return: |
280.82% |
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| Average Annual Total Return: |
14.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$38,098.13 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 10/31/2005 | 2 for 1 | | 11/03/2015 | 2 for 1 |
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