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 Video: What is a Stock Split?
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| Terex Corporation is a global manufacturer of industrial equipment, including materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. They design, build, and support products used in various sectors such as maintenance, manufacturing, energy, construction, and entertainment. Their Materials Processing (MP) segment offers equipment like crushers, screens, cranes, and recycling equipment, while the Aerial Work Platforms (AWP) segment provides aerial work platforms, utility equipment, and telehandlers. According to our TEX split history records, Terex has had 2 splits. | |
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Terex (TEX) has 2 splits in our TEX split history database. The first split for TEX took place on May 25, 1990. This was a 5 for 4
split, meaning for each 4
shares of TEX owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. TEX's second split took place on July 17, 2006. This was a 2 for 1 split, meaning for each share of TEX owned pre-split, the shareholder now owned 2 shares. For example, a 1250 share position pre-split, became a 2500 share position following the split.
When a company such as Terex 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 TEX split history from start to finish, an original position size of 1000 shares would have turned into 2500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Terex shares, starting with a $10,000 purchase of TEX, presented on a split-history-adjusted basis factoring in the complete TEX split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$28.13 |
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| End price/share: |
$55.16 |
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| Starting shares: |
355.49 |
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| Ending shares: |
397.15 |
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| Dividends reinvested/share: |
$4.12 |
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| Total return: |
119.07% |
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| Average Annual Total Return: |
8.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,915.94 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/05/2014 |
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| End date: |
12/03/2024 |
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| Start price/share: |
$28.13 |
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| End price/share: |
$55.16 |
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| Dividends collected/share: |
$4.12 |
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| Total return: |
110.74% |
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| Average Annual Total Return: |
7.74% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,079.41 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/25/1990 | 5 for 4
| | 07/17/2006 | 2 for 1 |
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