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 Video: What is a Stock Split?
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| Terminix Global Holdings is a holding company. Through its subsidiaries, Co. is a provider of residential and commercial termite and pest management services, focusing in protection against termite damage, rodents, insects and other pests, including cockroaches, spiders, wood-destroying ants, ticks, fleas, mosquitos and bed bugs. Co.'s services include termite remediation, annual termite inspection and prevention treatments that may include termite damage repair guarantees, periodic pest management services, insulation services, crawlspace encapsulation, wildlife exclusion and disinfection services. Co. has one reportable segment, its pest management and termite business. According to our TMX split history records, TMX has had 2 splits. | |
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TMX (TMX) has 2 splits in our TMX split history database. The first split for TMX took place on February 07, 2000. This was a 2 for 1
split, meaning for each share of TMX 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. TMX's second split took place on May 31, 2005. This was a 2 for 1 split, meaning for each share of TMX owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as TMX 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 TMX split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TMX shares, starting with a $10,000 purchase of TMX, presented on a split-history-adjusted basis factoring in the complete TMX split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
10/28/2022 |
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| Start price/share: |
$27.64 |
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| End price/share: |
$37.87 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
37.01% |
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| Average Annual Total Return: |
4.14% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,705.22 |
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| Years: |
7.77 |
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| Date |
Ratio |
| 02/07/2000 | 2 for 1
| | 05/31/2005 | 2 for 1 |
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