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 Video: What is a Stock Split?
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| Group of companies engaged in the business of oil natural gas chemicals power generation renewable resources (chiefly in forestry and solar energy) coal and other businesses throughout the world. According to our RD split history records, RD has had 2 splits. | |
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RD (RD) has 2 splits in our RD split history database. The first split for RD took place on January 18, 1989. This was a 2 for 1
split, meaning for each share of RD 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. RD's second split took place on June 30, 1997. This was a 4 for 1
split, meaning for each share of RD owned pre-split, the shareholder now owned 4 shares. For example, a 2000 share position pre-split, became a 8000 share position following the split.
When a company such as RD 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 RD split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RD shares, starting with a $10,000 purchase of RD, presented on a split-history-adjusted basis factoring in the complete RD split history.
RD -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 01/18/1989 | 2 for 1
| | 06/30/1997 | 4 for 1
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