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Video: What is a Stock Split?
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The Company is a provider of staffing consulting and solutions in the disciplines of information technology finance and accounting law engineering marketing and creative property and healthcare. According to our MPS split history records, MPS has had 2 splits. | |
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MPS (MPS) has 2 splits in our MPS split history database. The first split for MPS took place on November 28, 1995. This was a 2 for 1
split, meaning for each share of MPS 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. MPS's second split took place on March 28, 1996. This was a 3 for 1
split, meaning for each share of MPS owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split.
When a company such as MPS 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 MPS split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MPS shares, starting with a $10,000 purchase of MPS, presented on a split-history-adjusted basis factoring in the complete MPS split history.
MPS -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
11/28/1995 | 2 for 1
| 03/28/1996 | 3 for 1
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