 |
 Video: What is a Stock Split?
|
|
|
| Imperial Oil Limited is an integrated oil company operating across all phases of the petroleum industry in Canada, including exploration, production, and sale of crude oil and natural gas. It functions through three main segments: Upstream, focusing on the exploration and production of crude oil, natural gas, and bitumen; Downstream, which handles the transportation, refining, and marketing of petroleum products; and Chemical, involved in manufacturing and marketing petrochemicals. Key operations include facilities in Cold Lake, Kearl, Nanticoke, Sarnia, and Strathcona, offering products like asphalt, lubricants, and services through Esso and Mobil stations. According to our IMO split history records, Imperial Oil has had 3 splits. | |
|
Imperial Oil (IMO) has 3 splits in our IMO split history database. The first split for IMO took place on May 27, 1998. This was a 3 for 1
split, meaning for each share of IMO owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. IMO's second split took place on June 01, 1998. IMO's third split took place on May 30, 2006. This was a 3 for 1 split, meaning for each share of IMO owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 9000 share position following the split.
When a company such as Imperial Oil 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 IMO split history from start to finish, an original position size of 1000 shares would have turned into 9000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Imperial Oil shares, starting with a $10,000 purchase of IMO, presented on a split-history-adjusted basis factoring in the complete IMO split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
12/11/2014 |
|
| End date: |
12/09/2024 |
|
| Start price/share: |
$41.46 |
|
| End price/share: |
$72.20 |
|
| Starting shares: |
241.20 |
|
| Ending shares: |
295.86 |
|
| Dividends reinvested/share: |
$7.22 |
|
| Total return: |
113.61% |
|
| Average Annual Total Return: |
7.88% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$21,355.00 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
12/11/2014 |
|
| End date: |
12/09/2024 |
|
| Start price/share: |
$41.46 |
|
| End price/share: |
$72.20 |
|
| Dividends collected/share: |
$7.22 |
|
| Total return: |
91.55% |
|
| Average Annual Total Return: |
6.71% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$19,148.22 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 05/27/1998 | 3 for 1
| | 06/01/1998 | 1 for 1 | | 05/30/2006 | 3 for 1 |
|
|
Free IMO Email Alerts:
