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Video: What is a Stock Split?
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Air Products and Chemicals, Inc. is an industrial gases company. Co. is focused on serving energy, environmental, and emerging markets. Its base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. Co. also develops, engineers, builds, owns and operates clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. In addition, the Co. provides turbomachinery, membrane systems and cryogenic containers globally. Co. has operations in approximately 50 countries. According to our Air Products and Chemicals stock split history records, Air Products and Chemicals has had 4 splits. | |
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Air Products and Chemicals (APD) has 4 splits in our Air Products and Chemicals stock split history database. The first split for APD took place on June 06, 1986. This was a 2 for 1
split, meaning for each share of APD 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. APD's second split took place on March 10, 1992. This was a 2 for 1
split, meaning for each share of APD owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. APD's third split took place on June 16, 1998. This was a 2 for 1
split, meaning for each share of APD owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. APD's 4th split took place on October 03, 2016. This was a 1081 for 1000 split, meaning for each 1000 shares of APD owned pre-split, the shareholder now owned 1081 shares. For example, a 8000 share position pre-split, became a 8648 share position following the split.
When a company such as Air Products and Chemicals 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 Air Products and Chemicals stock split history from start to finish, an original position size of 1000 shares would have turned into 8648 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Air Products and Chemicals shares, starting with a $10,000 purchase of APD, presented on a split-history-adjusted basis factoring in the complete Air Products and Chemicals stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$132.38 |
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End price/share: |
$312.06 |
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Starting shares: |
75.54 |
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Ending shares: |
96.18 |
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Dividends reinvested/share: |
$51.07 |
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Total return: |
200.13% |
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Average Annual Total Return: |
11.62% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$30,002.58 |
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Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
01/16/2025 |
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Start price/share: |
$132.38 |
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End price/share: |
$312.06 |
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Dividends collected/share: |
$51.07 |
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Total return: |
174.31% |
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Average Annual Total Return: |
10.62% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$27,421.83 |
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Years: |
9.99 |
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Date |
Ratio |
06/06/1986 | 2 for 1
| 03/10/1992 | 2 for 1
| 06/16/1998 | 2 for 1
| 10/03/2016 | 1081 for 1000 |
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