Split History
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Video: What is a Stock Split?

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Universal American, through its family of healthcare companies, provides health benefits to people covered by Medicare. Co. manages its business as follows: Medicare Advantage, which contains the operations of its initiatives in managed care for seniors, including Health Maintenance Organization plans, Preferred Provider Organization plans and Private Fee-for-Service plans; and Management Services Organization, which supports its physician partnerships in the development of healthcare models, such as Accountable Care Organizations, with a variety of capabilities and resources including technology, analytics, clinical care coordination, regulatory compliance and program administration. According to our UAM split history records, UAM has had 1 split.
UAM split history picture
UAM (UAM) has 1 split in our UAM split history database. The split for UAM took place on June 24, 1996. This was a 2 for 1 split, meaning for each share of UAM 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 UAM 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 UAM 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 UAM shares, starting with a $10,000 purchase of UAM, presented on a split-history-adjusted basis factoring in the complete UAM split history. UAM split adjusted history picture
No data found

Date Ratio
06/24/19962 for 1
UAM is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

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