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 Video: What is a Stock Split?
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| Technology development company that designs develops and licenses its proprietary high-speed cooking technologies. Its high-speed cooking systems use a microprocessor to control the cooking processes. According to our TRBO stock split history records, TRBO has had 1 split. | |
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TRBO (TRBO) has 1 split in our TRBO stock split history database. The split for TRBO took place on January 12, 1996. This was a 2 for 1
split, meaning for each share of TRBO 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 TRBO 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 TRBO stock 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 TRBO shares, starting with a $10,000 purchase of TRBO, presented on a split-history-adjusted basis factoring in the complete TRBO stock split history.
TRBO -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 01/12/1996 | 2 for 1
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