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 Video: What is a Stock Split?
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| IMAX is an entertainment technology company. Co. provides an end-to-end cinematic solution to create motion picture and other event experiences. Co.'s principal products and services are as follows: IMAX DMR, which includes digital remastering of films into the IMAX format for exhibition in the IMAX theater network; IMAX Theater Systems, which includes the sale or lease of IMAX Theater Systems to exhibitor customers; IMAX Maintenance, which includes the provision of emergency maintenance services to the IMAX network; New Business Initiatives, which includes activities mainly related to the exploration of new lines of business and new initiatives outside of Co.'s main business; and Other. According to our IMAX split history records, IMAX has had 1 split. | |
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IMAX (IMAX) has 1 split in our IMAX split history database. The split for IMAX took place on May 27, 1997. This was a 2 for 1
split, meaning for each share of IMAX 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 IMAX 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 IMAX 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 IMAX shares, starting with a $10,000 purchase of IMAX, presented on a split-history-adjusted basis factoring in the complete IMAX split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/09/2012 |
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| End date: |
10/06/2022 |
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| Start price/share: |
$20.23 |
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| End price/share: |
$14.95 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-26.10% |
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| Average Annual Total Return: |
-2.98% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,390.07 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/27/1997 | 2 for 1
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