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 Video: What is a Stock Split?
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| Gerber Scientific develops, manufactures, distributes and services automated equipment and software. Co. operates in three segments: Sign Making and Specialty Graphics, which manufactures and distributes computer-controlled production systems, software and aftermarket supplies; Apparel and Industrial, which manufactures and distributes computer-controlled production systems and software for product design, spreading, labeling, cutting, and handling of flexible materials such as fabrics and composites; and Ophthalmic Lens Processing, which manufactures and distributes computer-controlled production systems and aftermarket supplies. According to our GRB split history records, GRB has had 1 split. | |
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GRB (GRB) has 1 split in our GRB split history database. The split for GRB took place on July 23, 1987. This was a 3 for 2
split, meaning for each 2
shares of GRB owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as GRB 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 GRB split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into GRB shares, starting with a $10,000 purchase of GRB, presented on a split-history-adjusted basis factoring in the complete GRB split history.
GRB -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 07/23/1987 | 3 for 2
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