 |
 Video: What is a Stock Split?
|
|
|
| Owens & Minor, Inc. is a global healthcare solutions company providing essential products and services that support care from the hospital to the home. Co. operates through two segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment offers a comprehensive portfolio of products and services to healthcare providers and manufacturers. Its portfolio of medical and surgical supplies includes branded products purchased from manufacturers and its own proprietary products. Its service offerings to healthcare providers include supplier management, analytics, inventory management, and clinical supply management. According to our OMI split history records, Owens and Minor has had 4 splits. | |
|
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
|
| Start date: |
07/21/2015 |
|
| End date: |
07/18/2025 |
|
| Start price/share: |
$34.36 |
|
| End price/share: |
$7.75 |
|
| Starting shares: |
291.04 |
|
| Ending shares: |
335.89 |
|
| Dividends reinvested/share: |
$3.45 |
|
| Total return: |
-73.97% |
|
| Average Annual Total Return: |
-12.59% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$2,603.82 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
07/21/2015 |
|
| End date: |
07/18/2025 |
|
| Start price/share: |
$34.36 |
|
| End price/share: |
$7.75 |
|
| Dividends collected/share: |
$3.45 |
|
| Total return: |
-67.41% |
|
| Average Annual Total Return: |
-10.61% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$3,257.54 |
|
| Years: |
10.00 |
|
|
|
| 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 |
|
|
Free OMI Email Alerts:
