Split History
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Praxair is an industrial gas company in North and South America. Co.'s operations consist of two main product lines: industrial gases and surface technologies. The industrial gases product line centers on the manufacturing and distribution of atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). Co.'s surface technologies segment supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. Co.'s subsidiary, Praxair Surface Technologies, supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. According to our PX split history records, PX has had 1 split.
PX split history picture
PX (PX) has 1 split in our PX split history database. The split for PX took place on December 16, 2003. This was a 2 for 1 split, meaning for each share of PX 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.

When a company such as PX 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 PX split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PX shares, starting with a $10,000 purchase of PX, presented on a split-history-adjusted basis factoring in the complete PX split history. PX split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 09/23/2009
End date: 10/30/2018
Start price/share: $80.22
End price/share: $164.50
Starting shares: 124.66
Ending shares: 151.94
Dividends reinvested/share: $22.89
Total return: 149.94%
Average Annual Total Return: 10.58%
Starting investment: $10,000.00
Ending investment: $24,989.41
Years: 9.11
Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/23/2009
End date: 10/30/2018
Start price/share: $80.22
End price/share: $164.50
Dividends collected/share: $22.89
Total return: 133.59%
Average Annual Total Return: 9.76%
Starting investment: $10,000.00
Ending investment: $23,351.69
Years: 9.11
Date Ratio
12/16/20032 for 1
PX is categorized under the Materials sector; below are some other companies in the same sector that also have a history of stock splits:

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RDK Split History
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RG Split History
RI Split History
RIO Split History
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