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Video: What is a Stock Split?
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PC Connection provides information technology (IT) products, including computer systems, software and peripheral equipment, networking communications, and other products and accessories. Co. also provides services involving design, configuration, and implementation of IT solutions. Co. has three segments, which serve primarily: small-to medium-sized businesses (SMBs), in its SMB segment, through its PC Connection Sales Corporation subsidiary; large enterprise customers, in its Large Account segment, through Co.'s MoreDirect, Inc. subsidiary; and federal, state, and local government and educational institutions, in its Public Sector segment, through Co.'s GovConnection, Inc. subsidiary. According to our PCCC split history records, PCCC has had 1 split. | |
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PCCC (PCCC) has 1 split in our PCCC split history database. The split for PCCC took place on May 24, 2000. This was a 3 for 2
split, meaning for each 2
shares of PCCC 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 PCCC 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 PCCC 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 PCCC shares, starting with a $10,000 purchase of PCCC, presented on a split-history-adjusted basis factoring in the complete PCCC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/09/2014 |
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End date: |
09/08/2016 |
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Start price/share: |
$21.63 |
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End price/share: |
$24.57 |
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Starting shares: |
462.32 |
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Ending shares: |
478.92 |
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Dividends reinvested/share: |
$0.80 |
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Total return: |
17.67% |
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Average Annual Total Return: |
8.85% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,766.03 |
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Years: |
1.92 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/09/2014 |
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End date: |
09/08/2016 |
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Start price/share: |
$21.63 |
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End price/share: |
$24.57 |
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Dividends collected/share: |
$0.80 |
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Total return: |
17.29% |
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Average Annual Total Return: |
8.67% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,728.74 |
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Years: |
1.92 |
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Date |
Ratio |
05/24/2000 | 3 for 2
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