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 Video: What is a Stock Split?
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| International electric and gas company with customers and operations across the United States Canada Great Britain New Zealand and Australia. According to our UCU split history records, UCU has had 1 split. | |
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UCU (UCU) has 1 split in our UCU split history database. The split for UCU took place on March 15, 1999. This was a 3 for 2
split, meaning for each 2
shares of UCU owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as UCU 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 UCU split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into UCU shares, starting with a $10,000 purchase of UCU, presented on a split-history-adjusted basis factoring in the complete UCU split history.
UCU -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 03/15/1999 | 3 for 2
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