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 Video: What is a Stock Split?
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| Owens & Minor is a healthcare solutions company. Co. operates its business under two segments: Global Solutions and Global Products. In its Global Solutions segment, Co. provides a portfolio of products and services to healthcare providers and manufacturers. Co.'s portfolio of medical and surgical supplies includes products purchased from manufacturers and its own proprietary products. Co.'s Global Products segment manufactures and sources medical surgical products through its production and kitting operations. Co. provides medical supplies and solutions for the prevention of healthcare-associated infections across the acute and alternate site channels. According to our OMI split history records, Owens and Minor has had 4 splits. | |
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Owens and Minor (OMI) has 4 splits in our OMI split history database. The first split for OMI took place on July 17, 1991. This was a 3 for 2
split, meaning for each 2
shares of OMI 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. OMI's second split took place on March 23, 1993. This was a 3 for 2
split, meaning for each 2
shares of OMI 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. OMI's third split took place on June 09, 1994. This was a 3 for 2
split, meaning for each 2
shares of OMI owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. OMI's 4th split took place on April 01, 2010. This was a 3 for 2 split, meaning for each 2 shares of OMI owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split.
When a company such as Owens and Minor 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 OMI split history from start to finish, an original position size of 1000 shares would have turned into 5062.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Owens and Minor shares, starting with a $10,000 purchase of OMI, presented on a split-history-adjusted basis factoring in the complete OMI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$35.19 |
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| End price/share: |
$24.06 |
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| Starting shares: |
284.17 |
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| Ending shares: |
340.22 |
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| Dividends reinvested/share: |
$4.71 |
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| Total return: |
-18.14% |
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| Average Annual Total Return: |
-1.98% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,187.87 |
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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: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$35.19 |
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| End price/share: |
$24.06 |
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| Dividends collected/share: |
$4.71 |
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| Total return: |
-18.26% |
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| Average Annual Total Return: |
-2.00% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,171.18 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/17/1991 | 3 for 2
| | 03/23/1993 | 3 for 2
| | 06/09/1994 | 3 for 2
| | 04/01/2010 | 3 for 2 |
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