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Video: What is a Stock Split?
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IMRIS designs, manufactures and markets the VISIUS Surgical Theatre, a multifunctional surgical environment that provides intraoperative vision to clinicians to assist in decision-making and enhance precision in treatment. Designed to meet each hospital's specific clinical application needs, the VISIUS Surgical Theatre can incorporate MR imaging, CT imaging and x-ray angiography in a number of configurations to provide intraoperative images of diagnostic quality - without introducing additional patient transport risk and delivering real-time information to clinicians while preserving optimal surgical access and techniques. According to our IMRS split history records, IMRS has had 2 splits. | |
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IMRS (IMRS) has 2 splits in our IMRS split history database. The first split for IMRS took place on July 11, 1997. This was a 3 for 2
split, meaning for each 2
shares of IMRS 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. IMRS's second split took place on April 06, 1998. This was a 3 for 2
split, meaning for each 2
shares of IMRS owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as IMRS 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 IMRS split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into IMRS shares, starting with a $10,000 purchase of IMRS, presented on a split-history-adjusted basis factoring in the complete IMRS split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
06/03/2015 |
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Start price/share: |
$1.58 |
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End price/share: |
$0.02 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.73% |
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Average Annual Total Return: |
-97.59% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$126.69 |
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Years: |
1.17 |
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Date |
Ratio |
07/11/1997 | 3 for 2
| 04/06/1998 | 3 for 2
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