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Video: What is a Stock Split?
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Oceaneering International delivers engineered services and products and robotic solutions to offshore energy, defense, aerospace, manufacturing and other industries. Co.'s segments are Energy Services and Products and Aerospace and Defense Technologies (ADTech). Co.'s segments within the Energy Services and Products business are: Subsea Robotics, which consists of remotely operated vehicles (ROVs), survey services and ROV tooling businesses; Manufactured Products; Offshore Projects Group; and Integrity Management and Digital Solutions. Co.'s ADTech segment provides government services and products including engineering and related manufacturing in defense and space exploration activities. According to our OII split history records, Oceaneering International has had 2 splits. | |
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Oceaneering International (OII) has 2 splits in our OII split history database. The first split for OII took place on June 19, 2006. This was a 2 for 1 split, meaning for each share of OII 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. OII's second split took place on June 13, 2011. This was a 2 for 1 split, meaning for each share of OII owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Oceaneering International 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 OII split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Oceaneering International shares, starting with a $10,000 purchase of OII, presented on a split-history-adjusted basis factoring in the complete OII split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
11/11/2014 |
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End date: |
11/07/2024 |
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Start price/share: |
$71.15 |
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End price/share: |
$28.22 |
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Starting shares: |
140.55 |
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Ending shares: |
152.01 |
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Dividends reinvested/share: |
$2.76 |
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Total return: |
-57.10% |
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Average Annual Total Return: |
-8.12% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,288.55 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/11/2014 |
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End date: |
11/07/2024 |
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Start price/share: |
$71.15 |
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End price/share: |
$28.22 |
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Dividends collected/share: |
$2.76 |
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Total return: |
-56.46% |
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Average Annual Total Return: |
-7.98% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,354.33 |
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Years: |
10.00 |
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Date |
Ratio |
06/19/2006 | 2 for 1 | 06/13/2011 | 2 for 1 |
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