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Video: What is a Stock Split?
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MOCON designs, manufactures, markets and services products, and provides consulting services, primarily in the test and measurement, analytical instrument and services markets. Through its package testing segment, Co. manufactures and sells headspace analyzers, leak detection equipment and gas mixers. Co.'s permeation products consist of systems and services that measure the rate at which various gases and vapors transmit through a range of materials. Through its industrial analyzers and other segment, Co. manufactures and distributes gas analysis and monitoring instrumentation. Co.'s microbial detection products are designed to detect microbial growth in food and beverage samples. According to our MOCO split history records, MOCO has had 3 splits. | |
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MOCO (MOCO) has 3 splits in our MOCO split history database. The first split for MOCO took place on October 01, 1990. This was a 3 for 2
split, meaning for each 2
shares of MOCO 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. MOCO's second split took place on August 26, 1991. This was a 3 for 2
split, meaning for each 2
shares of MOCO 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. MOCO's third split took place on September 15, 1997. This was a 3 for 2
split, meaning for each 2
shares of MOCO 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 MOCO 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 MOCO 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 MOCO shares, starting with a $10,000 purchase of MOCO, presented on a split-history-adjusted basis factoring in the complete MOCO split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
06/22/2017 |
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Start price/share: |
$14.95 |
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End price/share: |
$30.00 |
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Starting shares: |
668.90 |
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Ending shares: |
721.12 |
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Dividends reinvested/share: |
$1.22 |
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Total return: |
116.33% |
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Average Annual Total Return: |
32.95% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,634.39 |
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Years: |
2.71 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
06/22/2017 |
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Start price/share: |
$14.95 |
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End price/share: |
$30.00 |
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Dividends collected/share: |
$1.22 |
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Total return: |
108.83% |
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Average Annual Total Return: |
31.23% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$20,884.36 |
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Years: |
2.71 |
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Date |
Ratio |
10/01/1990 | 3 for 2
| 08/26/1991 | 3 for 2
| 09/15/1997 | 3 for 2
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