 |
 Video: What is a Stock Split?
|
|
|
| Ingersoll Rand Inc. is a diversified, global provider of mission-critical flow creation products and industrial solutions. It offers a range of mission-critical air, gas, liquid, and solid flow creation technologies. It manufactures a range of compressor, pump, vacuum and blower products. Its Industrial Technologies and Services segment designs, manufactures, markets and services a range of air and gas compression, vacuum and blower products, fluid transfer equipment, loading systems, power tools and lifting equipment, including associated aftermarket parts, consumables and services. According to our IR split history records, Ingersoll Rand has had 5 splits. | |
|
Ingersoll Rand (IR) has 5 splits in our IR split history database. The first split for IR took place on July 13, 1987. This was a 5 for 2
split, meaning for each 2
shares of IR owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 2500 share position following the split. IR's second split took place on June 02, 1992. This was a 2 for 1
split, meaning for each share of IR owned pre-split, the shareholder now owned 2 shares. For example, a 2500 share position pre-split, became a 5000 share position following the split. IR's third split took place on September 03, 1997. This was a 3 for 2
split, meaning for each 2
shares of IR owned pre-split, the shareholder now owned 3 shares. For example, a 5000 share position pre-split, became a 7500 share position following the split. IR's 4th split took place on September 02, 2005. This was a 2 for 1 split, meaning for each share of IR owned pre-split, the shareholder now owned 2 shares. For example, a 7500 share position pre-split, became a 15000 share position following the split. IR's 5th split took place on December 02, 2013. This was a 1252 for 1000 split, meaning for each 1000 shares of IR owned pre-split, the shareholder now owned 1252 shares. For example, a 15000 share position pre-split, became a 18780 share position following the split.
When a company such as Ingersoll Rand 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 IR split history from start to finish, an original position size of 1000 shares would have turned into 18780 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ingersoll Rand shares, starting with a $10,000 purchase of IR, presented on a split-history-adjusted basis factoring in the complete IR split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
05/15/2017 |
|
| End date: |
12/06/2024 |
|
| Start price/share: |
$22.02 |
|
| End price/share: |
$102.28 |
|
| Starting shares: |
454.13 |
|
| Ending shares: |
455.99 |
|
| Dividends reinvested/share: |
$0.26 |
|
| Total return: |
366.38% |
|
| Average Annual Total Return: |
22.57% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$46,645.96 |
|
| Years: |
7.57 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/15/2017 |
|
| End date: |
12/06/2024 |
|
| Start price/share: |
$22.02 |
|
| End price/share: |
$102.28 |
|
| Dividends collected/share: |
$0.26 |
|
| Total return: |
365.67% |
|
| Average Annual Total Return: |
22.54% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$46,559.64 |
|
| Years: |
7.57 |
|
|
|
| Date |
Ratio |
| 07/13/1987 | 5 for 2
| | 06/02/1992 | 2 for 1
| | 09/03/1997 | 3 for 2
| | 09/02/2005 | 2 for 1 | | 12/02/2013 | 1252 for 1000 |
|
|
Free IR Email Alerts:
