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 Video: What is a Stock Split?
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| Minerals Technologies Inc. is a technology-driven specialty minerals company that develops, produces, and markets a range of mineral and mineral-based products, related systems, and services. Co.'s segments include Consumer & Specialties and Engineered Solutions. The Consumer & Specialties segment serves consumer end markets directly and provides mineral-based solutions and technologies for its customers' products. The two product lines in this segment are Household & Personal Care and Specialty Additives. Co.'s Engineered Solutions segment combines all engineered systems, mineral blends, and technologies that are designed to aid in customer processes and projects. According to our MTX split history records, Minerals Technologies has had 1 split. | |
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Minerals Technologies (MTX) has 1 split in our MTX split history database. The split for MTX took place on December 12, 2012. This was a 2 for 1 split, meaning for each share of MTX 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.
When a company such as Minerals Technologies 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 MTX split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Minerals Technologies shares, starting with a $10,000 purchase of MTX, presented on a split-history-adjusted basis factoring in the complete MTX split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/13/2016 |
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| End date: |
10/09/2026 |
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| Start price/share: |
$67.84 |
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| End price/share: |
$63.60 |
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| Starting shares: |
147.41 |
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| Ending shares: |
153.70 |
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| Dividends reinvested/share: |
$2.72 |
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| Total return: |
-2.25% |
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| Average Annual Total Return: |
-0.23% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,772.49 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/13/2016 |
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| End date: |
10/09/2026 |
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| Start price/share: |
$67.84 |
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| End price/share: |
$63.60 |
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| Dividends collected/share: |
$2.72 |
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| Total return: |
-2.24% |
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| Average Annual Total Return: |
-0.23% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,772.49 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 12/12/2012 | 2 for 1 |
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