 |
 Video: What is a Stock Split?
|
|
|
| Theragenics is a medical device company serving the surgical products and cancer treatment markets. As of Dec 31 2012, Co. operated in two business segments: the surgical products segment and the brachytherapy seed segment. Co.'s surgical products segment manufactures and distributes wound closure, vascular access, and specialty needle products, all of which are considered medical devices. In its brachytherapy seed business segment, Co. produces, markets and sells TheraSeed® and AgX100®, which are devices for treatment of all solid localized tumors and used principally for the treatment of localized prostate cancer. According to our TGX split history records, TGX has had 1 split. | |
|
TGX (TGX) has 1 split in our TGX split history database. The split for TGX took place on April 16, 1998. This was a 2 for 1
split, meaning for each share of TGX 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 TGX 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 TGX 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 TGX shares, starting with a $10,000 purchase of TGX, presented on a split-history-adjusted basis factoring in the complete TGX split history.
TGX -- use the split history when considering split-adjusted past price performance. |
|
| Date |
Ratio |
| 04/16/1998 | 2 for 1
|
|
|
Free TGX Email Alerts:
