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 Video: What is a Stock Split?
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| Grace (W.R.) is engaged in the production and sale of specialty chemicals and specialty materials through two reportable business segments: Grace Catalysts Technologies and Grace Materials Technologies. Co.'s Grace Catalysts Technologies segment includes catalysts and related products and technologies used in petrochemical, refining, and other chemical manufacturing applications. Co.'s Grace Materials Technologies segment includes specialty materials, including specialty materials, including silica-based and silica-alumina-based materials, used in pharma/consumer, coatings, and chemical process applications. According to our GRA split history records, GRA has had 1 split. | |
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GRA (GRA) has 1 split in our GRA split history database. The split for GRA took place on December 11, 1987. This was a 2 for 1
split, meaning for each share of GRA 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 GRA 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 GRA 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 GRA shares, starting with a $10,000 purchase of GRA, presented on a split-history-adjusted basis factoring in the complete GRA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/01/2015 |
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| End date: |
09/22/2021 |
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| Start price/share: |
$97.33 |
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| End price/share: |
$69.99 |
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| Starting shares: |
102.74 |
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| Ending shares: |
110.99 |
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| Dividends reinvested/share: |
$4.92 |
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| Total return: |
-22.32% |
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| Average Annual Total Return: |
-3.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,767.79 |
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| Years: |
6.40 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/01/2015 |
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| End date: |
09/22/2021 |
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| Start price/share: |
$97.33 |
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| End price/share: |
$69.99 |
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| Dividends collected/share: |
$4.92 |
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| Total return: |
-23.04% |
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| Average Annual Total Return: |
-4.01% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,695.67 |
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| Years: |
6.40 |
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| Date |
Ratio |
| 12/11/1987 | 2 for 1
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