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 Video: What is a Stock Split?
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| Halliburton assists its customers throughout the lifecycle of the reservoir from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion and optimizing production throughout the life of the asset. Co.'s segments are: Completion and Production, which delivers cementing, stimulation, intervention, pressure control, artificial lift, and completion products and services; and Drilling and Evaluation, which provides field and reservoir modeling, drilling, fluids and specialty chemicals, evaluation and wellbore placement solutions that enable customers to model, measure, drill, and support their well construction activities. According to our HAL split history records, Halliburton has had 5 splits. | |
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Halliburton (HAL) has 5 splits in our HAL split history database. The first split for HAL took place on April 30, 1976. This was a 3 for 1 split, meaning for each share of HAL owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. HAL's second split took place on December 26, 1980. This was a 2 for 1 split, meaning for each share of HAL owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. HAL's third split took place on January 24, 1996. This was a 100000 for 95301 split, meaning for each 95301 shares of HAL owned pre-split, the shareholder now owned 100000 shares. For example, a 6000 share position pre-split, became a 6295.84159662543 share position following the split. HAL's 4th split took place on July 22, 1997. This was a 2 for 1
split, meaning for each share of HAL owned pre-split, the shareholder now owned 2 shares. For example, a 6295.84159662543 share position pre-split, became a 12591.6831932509 share position following the split. HAL's 5th split took place on July 17, 2006. This was a 2 for 1 split, meaning for each share of HAL owned pre-split, the shareholder now owned 2 shares. For example, a 12591.6831932509 share position pre-split, became a 25183.3663865017 share position following the split.
When a company such as Halliburton 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 HAL split history from start to finish, an original position size of 1000 shares would have turned into 25183.3663865017 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Halliburton shares, starting with a $10,000 purchase of HAL, presented on a split-history-adjusted basis factoring in the complete HAL split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
10/07/2024 |
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| Start price/share: |
$57.28 |
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| End price/share: |
$31.09 |
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| Starting shares: |
174.58 |
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| Ending shares: |
209.25 |
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| Dividends reinvested/share: |
$5.91 |
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| Total return: |
-34.94% |
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| Average Annual Total Return: |
-4.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,503.55 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
10/07/2024 |
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| Start price/share: |
$57.28 |
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| End price/share: |
$31.09 |
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| Dividends collected/share: |
$5.91 |
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| Total return: |
-35.41% |
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| Average Annual Total Return: |
-4.28% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,456.17 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/30/1976 | 3 for 1 | | 12/26/1980 | 2 for 1 | | 01/24/1996 | 100000 for 95301 | | 07/22/1997 | 2 for 1
| | 07/17/2006 | 2 for 1 |
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