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Video: What is a Stock Split?
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TransAlta Corporation owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the U.S. and Australia. It provides municipalities, medium and large industries, businesses and utility customers with affordable, energy-efficient and reliable power. It also produces wind power and hydro-electric power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generate 7,300 megawatt of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. According to our TAC split history records, TransAlta has had 2 splits. | |
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TransAlta (TAC) has 2 splits in our TAC split history database. The first split for TAC took place on October 02, 1992. This was a 2 for 1
split, meaning for each share of TAC 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. TAC's second split took place on February 26, 1993. This was a 2 for 1
split, meaning for each share of TAC 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.
When a company such as TransAlta 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 TAC split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TransAlta shares, starting with a $10,000 purchase of TAC, presented on a split-history-adjusted basis factoring in the complete TAC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$8.89 |
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End price/share: |
$13.69 |
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Starting shares: |
1,124.86 |
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Ending shares: |
1,410.56 |
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Dividends reinvested/share: |
$1.45 |
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Total return: |
93.11% |
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Average Annual Total Return: |
6.81% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,318.01 |
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Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$8.89 |
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End price/share: |
$13.69 |
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Dividends collected/share: |
$1.45 |
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Total return: |
70.31% |
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Average Annual Total Return: |
5.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,027.96 |
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Years: |
9.99 |
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Date |
Ratio |
10/02/1992 | 2 for 1
| 02/26/1993 | 2 for 1
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