 |
 Video: What is a Stock Split?
|
|
|
| Ternium is a holding company. Through its subsidiaries, Co. is a flat steel producer. Co. is organized into two reportable segments: Steel and Mining. The Steel segment includes the sales of steel products, which comprises slabs, hot rolled coils and sheets, cold rolled coils and sheets, tin plate, welded pipes, hot dipped galvanized and electro-galvanized sheets, pre-painted sheets, billets (steel in its basic, semi-finished state), wire rod and bars and other tailor-made products to serve its customers' requirements. The Mining segment includes the sales of mining products, mainly iron ore and pellets, and comprises the mining activities of Las Encinas, an iron ore mining company. According to our TX split history records, Ternium S A has had 1 split. | |
|
Ternium S A (TX) has 1 split in our TX split history database. The split for TX took place on September 30, 1997. This was a 2 for 1
split, meaning for each share of TX 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 Ternium S A 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 TX 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 Ternium S A shares, starting with a $10,000 purchase of TX, presented on a split-history-adjusted basis factoring in the complete TX split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
03/27/2013 |
|
| End date: |
03/24/2023 |
|
| Start price/share: |
$20.29 |
|
| End price/share: |
$39.02 |
|
| Starting shares: |
492.85 |
|
| Ending shares: |
738.33 |
|
| Dividends reinvested/share: |
$12.10 |
|
| Total return: |
188.10% |
|
| Average Annual Total Return: |
11.16% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$28,797.81 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
03/27/2013 |
|
| End date: |
03/24/2023 |
|
| Start price/share: |
$20.29 |
|
| End price/share: |
$39.02 |
|
| Dividends collected/share: |
$12.10 |
|
| Total return: |
151.95% |
|
| Average Annual Total Return: |
9.68% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$25,186.31 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 09/30/1997 | 2 for 1
|
|
|
Free TX Email Alerts:
