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Video: What is a Stock Split?
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Hospira is a provider of injectable drugs and infusion technologies. Co.'s product line includes specialty injectable pharmaceuticals, which consists of generic injectable pharmaceuticals in therapeutic areas such as analgesia, anesthesia, anti-infectives, cardiovascular, oncology and other areas; medication management products, which include electronic drug delivery pumps, safety software system and related services, and Gravity administration sets and disposable sets that are used to deliver intravenous (I.V.) fluids and medications; and other pharmaceuticals, which primarily consist of I.V. solutions, nutritionals products, and contract manufacturing services. According to our HSP split history records, HSP has had 2 splits. | |
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HSP (HSP) has 2 splits in our HSP split history database. The first split for HSP took place on December 02, 1997. This was a 2 for 1
split, meaning for each share of HSP 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. HSP's second split took place on June 16, 2000. This was a 2 for 1
split, meaning for each share of HSP 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 HSP 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 HSP 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 HSP shares, starting with a $10,000 purchase of HSP, presented on a split-history-adjusted basis factoring in the complete HSP split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
09/04/2015 |
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Start price/share: |
$43.25 |
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End price/share: |
$89.95 |
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Dividends collected/share: |
$0.00 |
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Total return: |
107.98% |
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Average Annual Total Return: |
66.87% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$20,798.47 |
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Years: |
1.43 |
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Date |
Ratio |
12/02/1997 | 2 for 1
| 06/16/2000 | 2 for 1
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