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 Video: What is a Stock Split?
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| TCP International Holdings is a holding company. Through its subsidiaries, Co. provides Light Emitting Diode (LED) and compact fluorescent lamp (CFL) lighting technologies. Co. designs, develops, manufactures and delivers lamps, fixtures and internet-based lighting control solutions. Co.'s Connected by TCP™ is an internet-based lighting system that controls compatible lights and allows users to automate lighting functions using a smart device. Co. also sells linear florescent lighting and halogen lighting systems that complement its LED and CFL product offering and fill its product portfolio. Co. sells the majority of its products in the U.S. and Canada. According to our TCPI split history records, TCPI has had 1 split. | |
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TCPI (TCPI) has 1 split in our TCPI split history database. The split for TCPI took place on August 03, 1995. This was a 2 for 1
split, meaning for each share of TCPI 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 TCPI 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 TCPI 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 TCPI shares, starting with a $10,000 purchase of TCPI, presented on a split-history-adjusted basis factoring in the complete TCPI split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/27/2014 |
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| End date: |
11/23/2016 |
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| Start price/share: |
$10.18 |
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| End price/share: |
$1.18 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-88.41% |
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| Average Annual Total Return: |
-59.09% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,159.14 |
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| Years: |
2.41 |
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| Date |
Ratio |
| 08/03/1995 | 2 for 1
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