 |
 Video: What is a Stock Split?
|
|
|
| Invacare is a manufacturer and distributor in its markets for medical equipment used in non-acute care settings. Co. designs, manufactures and distributes medical devices that help people to move, breathe, rest and perform essential hygiene. Co. provides medical device solutions for congenital (cerebral palsy, muscular dystrophy, spina bifida), acquired (stroke, spinal cord injury, post-acute recovery, pressure ulcers) and degenerative (ALS, multiple sclerosis, chronic obstructive pulmonary disease, age related, bariatric) conditions. Co. designs, manufactures, markets and distributes products in three primary product categories: Mobility and Seating, Lifestyle and Respiratory. According to our IVC split history records, IVC has had 2 splits. | |
|
IVC (IVC) has 2 splits in our IVC split history database. The first split for IVC took place on September 16, 1991. This was a 2 for 1
split, meaning for each share of IVC 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. IVC's second split took place on October 17, 1995. This was a 2 for 1
split, meaning for each share of IVC 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.
When a company such as IVC 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 IVC split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into IVC shares, starting with a $10,000 purchase of IVC, presented on a split-history-adjusted basis factoring in the complete IVC split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
01/21/2015 |
|
| End date: |
02/01/2023 |
|
| Start price/share: |
$14.48 |
|
| End price/share: |
$0.66 |
|
| Starting shares: |
690.61 |
|
| Ending shares: |
708.53 |
|
| Dividends reinvested/share: |
$0.27 |
|
| Total return: |
-95.32% |
|
| Average Annual Total Return: |
-31.69% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$467.71 |
|
| Years: |
8.04 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/21/2015 |
|
| End date: |
02/01/2023 |
|
| Start price/share: |
$14.48 |
|
| End price/share: |
$0.66 |
|
| Dividends collected/share: |
$0.27 |
|
| Total return: |
-93.56% |
|
| Average Annual Total Return: |
-28.91% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$644.45 |
|
| Years: |
8.04 |
|
|
|
| Date |
Ratio |
| 09/16/1991 | 2 for 1
| | 10/17/1995 | 2 for 1
|
|
|
Free IVC Email Alerts:
