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 Video: What is a Stock Split?
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| The Company is engaged in the origination of real estate loans secured by income producing real estate and to a lesser extent the origination of entertainment finance loans. According to our IMP split history records, IMP has had 5 splits. | |
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IMP (IMP) has 5 splits in our IMP split history database. The first split for IMP took place on October 21, 1996. This was a 3 for 2
split, meaning for each 2
shares of IMP 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. IMP's second split took place on February 12, 1997. This was a 11 for 10
split, meaning for each 10
shares of IMP owned pre-split, the shareholder now owned 11 shares. For example, a 1500 share position pre-split, became a 1650 share position following the split. IMP's third split took place on February 09, 1998. This was a 3 for 2
split, meaning for each 2
shares of IMP owned pre-split, the shareholder now owned 3 shares. For example, a 1650 share position pre-split, became a 2475 share position following the split. IMP's 4th split took place on February 17, 1999. This was a 108 for 100
split, meaning for each 100
shares of IMP owned pre-split, the shareholder now owned 108 shares. For example, a 2475 share position pre-split, became a 2673 share position following the split. IMP's 5th split took place on February 02, 2000. This was a 108 for 100
split, meaning for each 100
shares of IMP owned pre-split, the shareholder now owned 108 shares. For example, a 2673 share position pre-split, became a 2886.84 share position following the split.
When a company such as IMP 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 IMP split history from start to finish, an original position size of 1000 shares would have turned into 2886.84 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into IMP shares, starting with a $10,000 purchase of IMP, presented on a split-history-adjusted basis factoring in the complete IMP split history.
IMP -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 10/21/1996 | 3 for 2
| | 02/12/1997 | 11 for 10
| | 02/09/1998 | 3 for 2
| | 02/17/1999 | 108 for 100
| | 02/02/2000 | 108 for 100
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