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 Video: What is a Stock Split?
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| Orix operates a range of businesses in Japan and overseas, including financial services businesses. Co.'s business segments include: Corporate Financial Services and Maintenance Leasing, which is involved in finance and fee business, and leasing and rental of automobiles, electronic measuring instruments and IT-related equipment; Real Estate, which consists of real estate development, rental and management, facility operation, and real estate asset management; PE Investment and Concession, which consists of private equity investment and concession; Insurance, which consists of life insurance; and Banking and Credit, which consists of banking and consumer finance. According to our IX split history records, Orix has had 2 splits. | |
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Orix (IX) has 2 splits in our IX split history database. The first split for IX took place on June 06, 2000. This was a 6 for 5
split, meaning for each 5
shares of IX owned pre-split, the shareholder now owned 6 shares. For example, a 1000 share position pre-split, became a 1200 share position following the split. IX's second split took place on April 01, 2013.
When a company such as Orix 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 IX split history from start to finish, an original position size of 1000 shares would have turned into 1200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Orix shares, starting with a $10,000 purchase of IX, presented on a split-history-adjusted basis factoring in the complete IX split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2013 |
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| End date: |
10/03/2023 |
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| Start price/share: |
$76.58 |
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| End price/share: |
$89.67 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
17.09% |
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| Average Annual Total Return: |
1.59% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,707.71 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 06/06/2000 | 6 for 5
| | 04/01/2013 | 1 for 1 |
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