 |
 Video: What is a Stock Split?
|
|
|
| ICON provides outsourced development and commercialization services to pharmaceutical, biotechnology, medical device, and government and public health organizations. Co. provides a range of clinical, consulting and commercial services ranging from clinical development strategy, planning and trial design, to full study execution, and post-market commercialization. Co. provides its services across a range of clinical outsourcing operating models including strategic partnerships, preferred provider, full-service delivery to functional service provision and stand-alone services. Co. focuses on development, management and analysis of programs that support clinical development process. According to our ICLR split history records, Icon has had 2 splits. | |
|
Icon (ICLR) has 2 splits in our ICLR split history database. The first split for ICLR took place on October 24, 2006. This was a 2 for 1 split, meaning for each share of ICLR 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. ICLR's second split took place on August 13, 2008. This was a 2 for 1 split, meaning for each share of ICLR 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 Icon 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 ICLR 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 Icon shares, starting with a $10,000 purchase of ICLR, presented on a split-history-adjusted basis factoring in the complete ICLR split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
04/19/2024 |
|
| Start price/share: |
$43.75 |
|
| End price/share: |
$288.23 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
558.81% |
|
| Average Annual Total Return: |
20.75% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$65,897.87 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 10/24/2006 | 2 for 1 | | 08/13/2008 | 2 for 1 |
|
|
Free ICLR Email Alerts:
