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 Video: What is a Stock Split?
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| Global provider of a broad range of international telecommunications services to carriers, businesses and consumers throughout the world. According to our TGO split history records, TGO has had 1 split. | |
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TGO (TGO) has 1 split in our TGO split history database. The split for TGO took place on June 17, 1998. This was a 2 for 1
split, meaning for each share of TGO 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 TGO 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 TGO 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 TGO shares, starting with a $10,000 purchase of TGO, presented on a split-history-adjusted basis factoring in the complete TGO split history.
TGO -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 06/17/1998 | 2 for 1
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