 |
 Video: What is a Stock Split?
|
|
|
| ePlus is a holding company. Through its subsidiaries, Co. provides information technology (IT) solutions. Co. also provides consulting, professional, and managed services and lifecycle management services including flexible financing solutions. Co.'s segments include: technology, which sells IT hardware products, third-party software and maintenance contracts, its own and third-party professional and managed services, and its proprietary software; and financing, which primarily consist of the financing of IT equipment, software, and related services. Both segments sell to commercial entities, state and local governments, government contractors, and educational institutions. According to our PLUS split history records, ePlus has had 2 splits. | |
|
ePlus (PLUS) has 2 splits in our PLUS split history database. The first split for PLUS took place on April 03, 2017. This was a 2 for 1 split, meaning for each share of PLUS 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. PLUS's second split took place on December 14, 2021. This was a 2 for 1 split, meaning for each share of PLUS 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 ePlus 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 PLUS 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 ePlus shares, starting with a $10,000 purchase of PLUS, presented on a split-history-adjusted basis factoring in the complete PLUS split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
04/19/2024 |
|
| Start price/share: |
$15.22 |
|
| End price/share: |
$75.37 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
395.20% |
|
| Average Annual Total Return: |
17.35% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$49,525.74 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 04/03/2017 | 2 for 1 | | 12/14/2021 | 2 for 1 |
|
|
Free PLUS Email Alerts:
