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 Video: What is a Stock Split?
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| Integer Holdings Corporation is a medical device outsource (MDO) manufacturing company. Co. serves the cardiac rhythm management, neuromodulation, orthopedics, vascular, advanced surgical and portable medical markets. In addition to providing medical technologies, it develops batteries for high-end niche applications in energy, military and environmental markets. Its brands include Greatbatch Medical, Lake Region Medical and Electrochem. It operates in two segments: Medical and Non-Medical. The Medical segment includes the cardio and vascular; cardiac rhythm management and neuromodulation, and advanced surgical; orthopedics and portable medical product lines. According to our ITGR split history records, Integer Holdings has had 1 split. | |
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Integer Holdings (ITGR) has 1 split in our ITGR split history database. The split for ITGR took place on March 14, 2016. This was a 1097 for 1000 split, meaning for each 1000 shares of ITGR owned pre-split, the shareholder now owned 1097 shares. For example, a 1000 share position pre-split, became a 1097 share position following the split.
When a company such as Integer Holdings 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 ITGR split history from start to finish, an original position size of 1000 shares would have turned into 1097 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Integer Holdings shares, starting with a $10,000 purchase of ITGR, presented on a split-history-adjusted basis factoring in the complete ITGR split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/21/2016 |
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| End date: |
06/17/2026 |
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| Start price/share: |
$31.57 |
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| End price/share: |
$89.50 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
183.50% |
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| Average Annual Total Return: |
10.99% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$28,352.44 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 03/14/2016 | 1097 for 1000 |
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