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Video: What is a Stock Split?
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Triple-S Management is a holding company. Through its subsidiaries, Co. provides a portfolio of managed care and related products in the Commercial, Medicare Advantage and Medicaid markets. Co.'s operations are conducted through three segments: Managed Care, which provides a range of managed care products, including Health Maintenance Organization plans, Preferred Provider Organization plans, Medicare Supplement, Medicare Advantage, and Medicaid plans; Life Insurance, which provides a variety of life, accident, disability and health and annuity products in Puerto Rico; and Property and Casualty Insurance, which provides a range of property and casualty insurance products. According to our GTS split history records, GTS has had 1 split. | |
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GTS (GTS) has 1 split in our GTS split history database. The split for GTS took place on July 22, 1999. This was a 2 for 1
split, meaning for each share of GTS 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 GTS 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 GTS 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 GTS shares, starting with a $10,000 purchase of GTS, presented on a split-history-adjusted basis factoring in the complete GTS split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/17/2014 |
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End date: |
01/31/2022 |
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Start price/share: |
$18.60 |
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End price/share: |
$35.99 |
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Dividends collected/share: |
$0.00 |
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Total return: |
93.49% |
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Average Annual Total Return: |
9.36% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,350.90 |
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Years: |
7.38 |
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Date |
Ratio |
07/22/1999 | 2 for 1
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