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 Video: What is a Stock Split?
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| Quanta Services, Inc. is a contracting services company, delivering infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries. Its segments include Electric Power Infrastructure Solutions (Electric Power), Renewable Energy Infrastructure Solutions (Renewable Energy) and Underground Utility and Infrastructure Solutions (Underground and Infrastructure). Electric Power segment provides services primarily for electric power and for the communications market. Its services include design, procurement, new construction, upgrade and repair and maintenance services. According to our PWR split history records, Quanta Services has had 1 split. | |
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Quanta Services (PWR) has 1 split in our PWR split history database. The split for PWR took place on April 10, 2000. This was a 3 for 2
split, meaning for each 2
shares of PWR 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 Quanta Services 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 PWR 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 Quanta Services shares, starting with a $10,000 purchase of PWR, presented on a split-history-adjusted basis factoring in the complete PWR split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$28.08 |
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| End price/share: |
$321.98 |
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| Starting shares: |
356.13 |
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| Ending shares: |
362.52 |
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| Dividends reinvested/share: |
$1.56 |
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| Total return: |
1,067.23% |
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| Average Annual Total Return: |
27.85% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$116,761.50 |
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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: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$28.08 |
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| End price/share: |
$321.98 |
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| Dividends collected/share: |
$1.56 |
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| Total return: |
1,052.21% |
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| Average Annual Total Return: |
27.68% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$115,217.78 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/10/2000 | 3 for 2
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