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 Video: What is a Stock Split?
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| Infosys Limited, based in India, provides consulting, technology, outsourcing and digital services. Its segments cover Financial Services, Retail, Communication, Energy, Manufacturing, Hi-Tech, Life Sciences and other public service enterprises in India, Japan and China. Core services include application management, development, validation, product engineering, infrastructure management and enterprise application support. Co.'s products and platforms are Finacle, Edge Suite, Panaya, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, Stater digital platform and Infosys McCamish. Co. also owns Danske Bank's IT center in India. According to our INFY split history records, Infosys has had 6 splits. | |
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Infosys (INFY) has 6 splits in our INFY split history database. The first split for INFY took place on February 15, 2000. This was a 2 for 1
split, meaning for each share of INFY 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. INFY's second split took place on July 07, 2004. This was a 2 for 1 split, meaning for each share of INFY owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. INFY's third split took place on July 18, 2006. This was a 2 for 1 split, meaning for each share of INFY owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. INFY's 4th split took place on December 08, 2014. This was a 2 for 1 split, meaning for each share of INFY owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. INFY's 5th split took place on June 25, 2015. This was a 2 for 1 split, meaning for each share of INFY owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split. INFY's 6th split took place on September 12, 2018. This was a 2 for 1 split, meaning for each share of INFY owned pre-split, the shareholder now owned 2 shares. For example, a 32000 share position pre-split, became a 64000 share position following the split.
When a company such as Infosys 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 INFY split history from start to finish, an original position size of 1000 shares would have turned into 64000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Infosys shares, starting with a $10,000 purchase of INFY, presented on a split-history-adjusted basis factoring in the complete INFY split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
07/21/2015 |
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| End date: |
07/17/2025 |
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| Start price/share: |
$8.53 |
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| End price/share: |
$18.47 |
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| Starting shares: |
1,172.33 |
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| Ending shares: |
1,503.92 |
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| Dividends reinvested/share: |
$3.25 |
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| Total return: |
177.77% |
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| Average Annual Total Return: |
10.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$27,778.44 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/21/2015 |
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| End date: |
07/17/2025 |
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| Start price/share: |
$8.53 |
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| End price/share: |
$18.47 |
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| Dividends collected/share: |
$3.25 |
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| Total return: |
154.57% |
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| Average Annual Total Return: |
9.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25,463.15 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 02/15/2000 | 2 for 1
| | 07/07/2004 | 2 for 1 | | 07/18/2006 | 2 for 1 | | 12/08/2014 | 2 for 1 | | 06/25/2015 | 2 for 1 | | 09/12/2018 | 2 for 1 |
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