 |
 Video: What is a Stock Split?
|
|
|
| TMS International is a provider of outsourced industrial services to steel mills. Co. has two reporting segments: Mill Services Group, which provides scrap management and preparation, semi-finished and finished material handling, metal recovery and slag handling, processing and sales, and surface conditioning; and Raw Material and Optimization Group, which provides raw materials procurement and logistics, proprietary software-based raw materials cost management, and other services such as dust and debris management and mobile maintenance, among others. As of Dec 31 2012, Co. provides mill services at customer sites in 11 countries across North America, Europe, Latin America and Africa. According to our TMS split history records, TMS has had 1 split. | |
|
TMS (TMS) has 1 split in our TMS split history database. The split for TMS took place on June 23, 2000. This was a 2 for 1
split, meaning for each share of TMS 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 TMS 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 TMS 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 TMS shares, starting with a $10,000 purchase of TMS, presented on a split-history-adjusted basis factoring in the complete TMS split history.
TMS -- use the split history when considering split-adjusted past price performance. |
|
| Date |
Ratio |
| 06/23/2000 | 2 for 1
|
|
|
Free TMS Email Alerts:
