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Video: What is a Stock Split?
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A designer and producer of structural components and assemblies used by the major automotive original equipment manufacturers including Ford DaimlerChrysler General Motors Honda Toyota Nissan Fiat Hyundai/Kia Mazda BMW and Volkswagen. According to our TWR split history records, TWR has had 1 split. | |
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TWR (TWR) has 1 split in our TWR split history database. The split for TWR took place on July 16, 1998. This was a 2 for 1
split, meaning for each share of TWR 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 TWR 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 TWR 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 TWR shares, starting with a $10,000 purchase of TWR, presented on a split-history-adjusted basis factoring in the complete TWR split history.
TWR -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
07/16/1998 | 2 for 1
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