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Video: What is a Stock Split?
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Hexcel is engaged in composites technology. Co.'s segments are: Composite Materials, which manufactures and markets carbon fibers, fabrics, and reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems and laminates for industrial applications; and Engineered Products, which manufactures and markets composite structures and precision machined honeycomb parts for aerospace industry and provides interference control materials, structural composites, and services, dielectric absorber foams and honeycomb; magnetic absorbers; and thermoplastics for commercial and defense applications. According to our HXL split history records, Hexcel has had 1 split. | |
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Hexcel (HXL) has 1 split in our HXL split history database. The split for HXL took place on May 23, 1988. This was a 3 for 2
split, meaning for each 2
shares of HXL owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Hexcel 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 HXL split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Hexcel shares, starting with a $10,000 purchase of HXL, presented on a split-history-adjusted basis factoring in the complete HXL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$42.47 |
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End price/share: |
$62.52 |
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Starting shares: |
235.46 |
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Ending shares: |
250.72 |
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Dividends reinvested/share: |
$3.71 |
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Total return: |
56.75% |
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Average Annual Total Return: |
4.60% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,680.88 |
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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: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$42.47 |
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End price/share: |
$62.52 |
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Dividends collected/share: |
$3.71 |
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Total return: |
55.95% |
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Average Annual Total Return: |
4.54% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,591.14 |
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Years: |
10.00 |
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Date |
Ratio |
05/23/1988 | 3 for 2
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