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Video: What is a Stock Split?
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Gencor Industries is a manufacturer of heavy machinery used in the production of highway construction equipment and materials and environmental control equipment. Co.'s products are manufactured in the U.S. and sold through a combination of Co.'s sales representatives and independent dealers and agents located throughout the world. Co. designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction equipment and materials. Co.'s principal products include asphalt pavers, hot mix asphalt plants, combustion systems, and fluid heat transfer systems. According to our Gencor Industries stock split history records, Gencor Industries has had 1 split. | |
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Gencor Industries (GENC) has 1 split in our Gencor Industries stock split history database. The split for GENC took place on August 02, 2016. This was a 3 for 2 split, meaning for each 2 shares of GENC 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 Gencor Industries 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 Gencor Industries stock 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 Gencor Industries shares, starting with a $10,000 purchase of GENC, presented on a split-history-adjusted basis factoring in the complete Gencor Industries stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$6.89 |
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End price/share: |
$16.36 |
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Dividends collected/share: |
$0.00 |
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Total return: |
137.45% |
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Average Annual Total Return: |
9.04% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$23,755.02 |
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Years: |
10.00 |
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Date |
Ratio |
08/02/2016 | 3 for 2 |
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