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 Video: What is a Stock Split?
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| SPX Technologies, Inc. is a global supplier of engineered products and technologies in the HVAC and detection and measurement markets. Its HVAC solutions include package and process cooling equipment, residential and commercial boilers, comfort heating and ventilation products, and engineered air movement solutions. The HVAC segment designs, manufactures, installs, and services these products for industrial, power generation, residential, and commercial markets. The Detection and Measurement segment provides underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems, transportation systems, communication technologies, and obstruction lighting. According to our SPXC split history records, SPX Technologies has had 1 split. | |
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SPX Technologies (SPXC) has 1 split in our SPXC split history database. The split for SPXC took place on September 28, 2015. This was a 3971 for 1000 split, meaning for each 1000 shares of SPXC owned pre-split, the shareholder now owned 3971 shares. For example, a 1000 share position pre-split, became a 3971 share position following the split.
When a company such as SPX Technologies 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 SPXC split history from start to finish, an original position size of 1000 shares would have turned into 3971 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SPX Technologies shares, starting with a $10,000 purchase of SPXC, presented on a split-history-adjusted basis factoring in the complete SPXC split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
03/11/2016 |
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| End date: |
03/10/2026 |
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| Start price/share: |
$13.15 |
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| End price/share: |
$210.96 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
1,504.26% |
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| Average Annual Total Return: |
31.99% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$160,476.07 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/28/2015 | 3971 for 1000 |
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