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 Video: What is a Stock Split?
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| IMAX is an entertainment technology company. Through its proprietary software, theater architecture, patented intellectual property and other equipment, Co. provides an end-to-end solution to create content experiences for which the IMAX® brand is globally renowned. Co. uses its technology and engineering in all aspects of its main business, which principally consists of the digital remastering of films and other contents into the IMAX format and the sale or lease of IMAX theater systems. Co. generally does not own the theaters in the IMAX network, but sells or leases the IMAX System along with a license to use its trademarks. 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: |
10/07/2014 |
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| End date: |
10/03/2024 |
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| Start price/share: |
$26.19 |
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| End price/share: |
$19.82 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-24.32% |
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| Average Annual Total Return: |
-2.75% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,567.10 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/27/1997 | 2 for 1
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