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 Video: What is a Stock Split?
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| Met-Pro manufactures and sells product recovery and pollution control equipment, fluid handling equipment, and filtration and purification products. Co.'s segments are: Product Recovery/Pollution Control Technologies, which provides products for the purification of air or liquids; Fluid Handling Technologies, which manufactures horizontal, vertical and in-tank centrifugal pumps; Mefiag Filtration Technologies, which manufactures filtration systems using horizontal disc technology; and Filtration/Purification Technologies, which supplies chemicals for the treatment of municipal drinking water systems, boiler and cooling tower systems, cartridges and filter housings, and filtration products. According to our MPR split history records, MPR has had 6 splits. | |
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MPR (MPR) has 6 splits in our MPR split history database. The first split for MPR took place on May 15, 1995. This was a 3 for 2
split, meaning for each 2
shares of MPR 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. MPR's second split took place on July 09, 1996. This was a 3 for 2
split, meaning for each 2
shares of MPR 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. MPR's third split took place on October 16, 2003. This was a 4 for 3 split, meaning for each 3 shares of MPR owned pre-split, the shareholder now owned 4 shares. For example, a 2250 share position pre-split, became a 3000 share position following the split. MPR's 4th split took place on November 16, 2005. This was a 4 for 3 split, meaning for each 3 shares of MPR owned pre-split, the shareholder now owned 4 shares. For example, a 3000 share position pre-split, became a 4000 share position following the split. MPR's 5th split took place on November 15, 2007. This was a 4 for 3 split, meaning for each 3 shares of MPR owned pre-split, the shareholder now owned 4 shares. For example, a 4000 share position pre-split, became a 5333.33333333333 share position following the split. MPR's 6th split took place on April 15, 1991. This was a 105 for 100 split, meaning for each 100 shares of MPR owned pre-split, the shareholder now owned 105 shares. For example, a 5333.33333333333 share position pre-split, became a 5600 share position following the split.
When a company such as MPR 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 MPR split history from start to finish, an original position size of 1000 shares would have turned into 5600 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MPR shares, starting with a $10,000 purchase of MPR, presented on a split-history-adjusted basis factoring in the complete MPR split history.
MPR -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 05/15/1995 | 3 for 2
| | 07/09/1996 | 3 for 2
| | 10/16/2003 | 4 for 3 | | 11/16/2005 | 4 for 3 | | 11/15/2007 | 4 for 3 | | 04/15/1991 | 105 for 100 |
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