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 Video: What is a Stock Split?
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| The InterGroup Corporation buys, develops, operates, rehabilitates and disposes real property of various types and descriptions, and to engage in such other business and investment activities as would benefit the Co. and its shareholders. Co. operates through three segments: Hotel Operations, Real Estate Operations and Investment Transactions. Hotel Operations is engaged in the operation of The San Francisco Hotel Property (the Hotel). Real Estate Operations is engaged in the operation of its multi-family residential properties. Investment Transactions is engaged in the investment of its cash in marketable securities and other investments. According to our INTG split history records, Intergroup has had 3 splits. | |
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Intergroup (INTG) has 3 splits in our INTG split history database. The first split for INTG took place on July 01, 1998. This was a 3 for 2
split, meaning for each 2
shares of INTG 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. INTG's second split took place on October 13, 1998. This was a 3 for 2
split, meaning for each 2
shares of INTG 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. INTG's third split took place on April 01, 2003. This was a 3 for 2 split, meaning for each 2 shares of INTG owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split.
When a company such as Intergroup 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 INTG split history from start to finish, an original position size of 1000 shares would have turned into 3375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Intergroup shares, starting with a $10,000 purchase of INTG, presented on a split-history-adjusted basis factoring in the complete INTG split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/01/2015 |
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| End date: |
04/29/2025 |
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| Start price/share: |
$19.92 |
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| End price/share: |
$12.48 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-37.35% |
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| Average Annual Total Return: |
-4.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,263.16 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/01/1998 | 3 for 2
| | 10/13/1998 | 3 for 2
| | 04/01/2003 | 3 for 2 |
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