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Video: What is a Stock Split?
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HashiCorp is engaged in foundational technologies that solve the core infrastructure challenges of cloud adoption by enabling an operating model that unlocks the modern public and private clouds. Co.'s primary commercial products are: Terraform, which is an infrastructure provisioning product that allows users to set up and manage information technology infrastructure; Vault, which is Co.'s secrets management and data protection product; Consul, which is Co.'s application-centric networking automation product; and Nomad, which is a scheduler and workload orchestrator that enables organizations to deploy and manage applications. According to our Hashicorp stock split history records, Hashicorp has had 3 splits. | |
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Hashicorp (HCP) has 3 splits in our Hashicorp stock split history database. The first split for HCP took place on May 21, 1992. This was a 2 for 1
split, meaning for each share of HCP 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. HCP's second split took place on March 02, 2004. This was a 2 for 1 split, meaning for each share of HCP 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. HCP's third split took place on November 01, 2016. This was a 1098 for 1000 split, meaning for each 1000 shares of HCP owned pre-split, the shareholder now owned 1098 shares. For example, a 4000 share position pre-split, became a 4392 share position following the split.
When a company such as Hashicorp 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 Hashicorp stock split history from start to finish, an original position size of 1000 shares would have turned into 4392 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Hashicorp shares, starting with a $10,000 purchase of HCP, presented on a split-history-adjusted basis factoring in the complete Hashicorp stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/09/2021 |
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End date: |
04/23/2024 |
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Start price/share: |
$85.19 |
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End price/share: |
$29.15 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-65.78% |
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Average Annual Total Return: |
-36.40% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3,421.53 |
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Years: |
2.37 |
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Date |
Ratio |
05/21/1992 | 2 for 1
| 03/02/2004 | 2 for 1 | 11/01/2016 | 1098 for 1000 |
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