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 Video: What is a Stock Split?
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| OM Group is a company serving the automotive systems, electronic devices, aerospace and defense, industrial and renewable energy. Co. operates three business platforms: Magnetic Technologies; which develops, manufactures and distributes industrial-use magnetic materials and related products with differentiated magnetic and/or other performance properties; Battery Technologies, which provides batteries, battery management systems, and energetic devices for defense, space and medical markets; and Specialty Chemicals, which develops, produces and supplies chemicals for electronic and industrial applications such as coatings, composites and tire, and photomasks used to produce semiconductors. According to our OMG split history records, OMG has had 1 split. | |
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OMG (OMG) has 1 split in our OMG split history database. The split for OMG took place on December 03, 1996. This was a 3 for 2
split, meaning for each 2
shares of OMG 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.
When a company such as OMG 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 OMG split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into OMG shares, starting with a $10,000 purchase of OMG, presented on a split-history-adjusted basis factoring in the complete OMG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/06/2013 |
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| End date: |
10/28/2015 |
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| Start price/share: |
$30.69 |
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| End price/share: |
$33.94 |
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| Starting shares: |
325.84 |
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| Ending shares: |
330.29 |
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| Dividends reinvested/share: |
$0.38 |
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| Total return: |
12.10% |
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| Average Annual Total Return: |
4.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,211.10 |
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| Years: |
2.39 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/06/2013 |
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| End date: |
10/28/2015 |
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| Start price/share: |
$30.69 |
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| End price/share: |
$33.94 |
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| Dividends collected/share: |
$0.38 |
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| Total return: |
11.84% |
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| Average Annual Total Return: |
4.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,182.97 |
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| Years: |
2.39 |
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| Date |
Ratio |
| 12/03/1996 | 3 for 2
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