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Video: What is a Stock Split?
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Sigma-Aldrich is a life science and technology company. Co. is focused on human health and safety. Co. manufactures and distributes chemicals, biochemicals and other products and equipment products to customers in research and applied labs and in industrial and commercial markets. Co.'s business units are: Research, providing chemicals, reagents and kits for scientific research; Applied, providing components and kits, chemical reagents, and raw materials; and SAFC Commercial, providing products and services used by its customers to develop and manufacture biopharma, pharma and electronics products. According to our SIAL split history records, SIAL has had 3 splits. | |
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SIAL (SIAL) has 3 splits in our SIAL split history database. The first split for SIAL took place on January 03, 1991. This was a 2 for 1
split, meaning for each share of SIAL 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. SIAL's second split took place on January 03, 1997. This was a 2 for 1
split, meaning for each share of SIAL 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. SIAL's third split took place on January 03, 2007. This was a 2 for 1 split, meaning for each share of SIAL owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as SIAL 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 SIAL 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 SIAL shares, starting with a $10,000 purchase of SIAL, presented on a split-history-adjusted basis factoring in the complete SIAL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
09/17/2014 |
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End date: |
11/18/2015 |
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Start price/share: |
$103.24 |
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End price/share: |
$139.76 |
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Starting shares: |
96.86 |
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Ending shares: |
97.51 |
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Dividends reinvested/share: |
$0.92 |
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Total return: |
36.28% |
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Average Annual Total Return: |
30.29% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,627.94 |
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Years: |
1.17 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/17/2014 |
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End date: |
11/18/2015 |
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Start price/share: |
$103.24 |
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End price/share: |
$139.76 |
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Dividends collected/share: |
$0.92 |
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Total return: |
36.27% |
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Average Annual Total Return: |
30.28% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,626.72 |
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Years: |
1.17 |
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Date |
Ratio |
01/03/1991 | 2 for 1
| 01/03/1997 | 2 for 1
| 01/03/2007 | 2 for 1 |
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