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Video: What is a Stock Split?
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The Company serves as an insurance and risk management intermediary between its clients and insurance companies that underwrite client risks. According to our HRH split history records, HRH has had 1 split. | |
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HRH (HRH) has 1 split in our HRH split history database. The split for HRH took place on January 02, 2002. This was a 2 for 1 split, meaning for each share of HRH 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 HRH 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 HRH 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 HRH shares, starting with a $10,000 purchase of HRH, presented on a split-history-adjusted basis factoring in the complete HRH split history.
HRH -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
01/02/2002 | 2 for 1 |
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