Split History
ETFs Holding THC »    THC Historical Stock Prices »

Video: What is a Stock Split?

If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Tenet Healthcare is a healthcare services company. Through its subsidiaries, partnerships and joint ventures, Co. operates various hospitals and other healthcare facilities, including surgical hospitals, ambulatory surgery centers, imaging centers, off-campus emergency departments and micro-hospitals. In addition, Co. operates Conifer Health Solutions, LLC through its Conifer Holdings, Inc. subsidiary, which provides revenue cycle management and care services to hospitals, health systems, physician practices, employers and other clients. Co.'s general hospitals provides acute care services, operating and recovery rooms, radiology services, respiratory therapy services, among others. According to our THC split history records, Tenet Healthcare has had 4 splits.
THC split history picture
Tenet Healthcare (THC) has 4 splits in our THC split history database. The first split for THC took place on April 27, 1983. This was a 5 for 4 split, meaning for each 4 shares of THC 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. THC's second split took place on September 16, 1991. This was a 2 for 1 split, meaning for each share of THC 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. THC's third split took place on July 01, 2002. This was a 3 for 2 split, meaning for each 2 shares of THC owned pre-split, the shareholder now owned 3 shares. For example, a 2500 share position pre-split, became a 3750 share position following the split. THC's 4th split took place on October 11, 2012. This was a 1 for 4 reverse split, meaning for each 4 shares of THC owned pre-split, the shareholder now owned 1 share. For example, a 3750 share position pre-split, became a 937.5 share position following the split.

When a company such as Tenet Healthcare 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. When a company such as Tenet Healthcare conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the THC split history from start to finish, an original position size of 1000 shares would have turned into 937.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Tenet Healthcare shares, starting with a $10,000 purchase of THC, presented on a split-history-adjusted basis factoring in the complete THC split history. THC split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/17/2014
End date: 04/15/2024
Start price/share: $39.72
End price/share: $99.40
Dividends collected/share: $0.00
Total return: 150.25%
Average Annual Total Return: 9.60%
Starting investment: $10,000.00
Ending investment: $25,015.81
Years: 10.00
Date Ratio
04/27/19835 for 4
09/16/19912 for 1
07/01/20023 for 2
10/11/20121 for 4
THC is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:

THRX Split History
TLB Split History
TLGT Split History
TMO Split History
TNDM Split History
TNXP Split History
TOS Split History
TPIV Split History
TRIB Split History
TRL Split History

Also explore: THC shares outstanding history

Email EnvelopeFree THC Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Beneficient (BENF)
MySize, Inc. (MYSZ)
Gorilla Technology Group Inc. (GRRR)
Sunshine Biopharma, Inc. (SBFM)
NFT Ltd. (MI)
WiSA Technologies, Inc. (WISA)
Fluent, Inc. (FLNT)
TRACON Pharmaceuticals (TCON)
Agenus Inc. (AGEN)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

THC Insider Buying

THC Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
Wait! Don't leave yet.
Want to receive our latest research absolutely free?

Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.