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 Video: What is a Stock Split?
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| Tellabs is a holding company. Through its subsidiaries, Co. designs, develops and supports telecommunications networking products. Co. operates four segments: Optical, which includes the Tellabs® 5000 Series of Digital Cross-Connect systems, the Tellabs® 6300 Managed Transport System, the Tellabs® 7100 Optical Transport System and the Tellabs® 7300 Metro Ethernet Switching Series; Data, which includes the Tellabs® 8100 Managed Access Systems and the Tellabs 8600 and 8800 Smart Routers; Access, which includes the Tellabs® 1000 and 1100 Multi-service Access systems, and the Tellabs® 1600 Optical Network Terminals; and Services, which delivers deployment, training, support and other services. According to our TLAB split history records, TLAB has had 5 splits. | |
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TLAB (TLAB) has 5 splits in our TLAB split history database. The first split for TLAB took place on November 22, 1993. This was a 3 for 2
split, meaning for each 2
shares of TLAB owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. TLAB's second split took place on May 23, 1994. This was a 2 for 1
split, meaning for each share of TLAB owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. TLAB's third split took place on May 22, 1995. This was a 2 for 1
split, meaning for each share of TLAB owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. TLAB's 4th split took place on November 18, 1996. This was a 2 for 1
split, meaning for each share of TLAB owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. TLAB's 5th split took place on May 18, 1999. This was a 2 for 1
split, meaning for each share of TLAB owned pre-split, the shareholder now owned 2 shares. For example, a 12000 share position pre-split, became a 24000 share position following the split.
When a company such as TLAB 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 TLAB split history from start to finish, an original position size of 1000 shares would have turned into 24000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TLAB shares, starting with a $10,000 purchase of TLAB, presented on a split-history-adjusted basis factoring in the complete TLAB split history.
TLAB -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 11/22/1993 | 3 for 2
| | 05/23/1994 | 2 for 1
| | 05/22/1995 | 2 for 1
| | 11/18/1996 | 2 for 1
| | 05/18/1999 | 2 for 1
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