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Video: What is a Stock Split?
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Harsco is a global provider of environmental solutions for industrial and specialty waste streams. Co.'s operations consist of the following reportable business segments: Harsco Environmental and Harsco Clean Earth. Co.'s Harsco Environmental segment is a global provider of environmental services and material processing to the global steel and metals industries. In addition to providing critical services to its customers, Co. provides zero-waste solutions for relevant waste or byproduct streams. Co.'s Harsco Clean Earth segment provides processing and beneficial reuse solutions for hazardous wastes and soil and dredged materials. According to our HSC split history records, HSC has had 2 splits. | |
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HSC (HSC) has 2 splits in our HSC split history database. The first split for HSC took place on February 18, 1997. This was a 2 for 1
split, meaning for each share of HSC 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. HSC's second split took place on March 27, 2007. This was a 2 for 1 split, meaning for each share of HSC owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as HSC 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 HSC split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HSC shares, starting with a $10,000 purchase of HSC, presented on a split-history-adjusted basis factoring in the complete HSC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/09/2014 |
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End date: |
06/16/2023 |
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Start price/share: |
$19.23 |
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End price/share: |
$9.15 |
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Starting shares: |
520.02 |
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Ending shares: |
555.87 |
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Dividends reinvested/share: |
$0.87 |
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Total return: |
-49.14% |
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Average Annual Total Return: |
-7.63% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5,085.16 |
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Years: |
8.52 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/09/2014 |
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End date: |
06/16/2023 |
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Start price/share: |
$19.23 |
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End price/share: |
$9.15 |
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Dividends collected/share: |
$0.87 |
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Total return: |
-47.89% |
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Average Annual Total Return: |
-7.36% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5,213.21 |
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Years: |
8.52 |
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Date |
Ratio |
02/18/1997 | 2 for 1
| 03/27/2007 | 2 for 1 |
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