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 Video: What is a Stock Split?
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| Schein (Henry) is a provider of health care products and services primarily to office-based dental and medical practitioners, as well as alternate sites of care. Co. conducts its business through two reportable segments: health care distribution; and technology and other services. The health care distribution reportable segment aggregates Co.'s global dental and medical operating segments. Co.'s global technology and other services group provides software, technology and other services to health care practitioners. Co.'s technology group offerings include practice management software systems for dental and medical practitioners. According to our Henry Schein stock split history records, Henry Schein has had 3 splits. | |
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Henry Schein (HSIC) has 3 splits in our Henry Schein stock split history database. The first split for HSIC took place on March 01, 2005. This was a 2 for 1 split, meaning for each share of HSIC 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. HSIC's second split took place on September 15, 2017. This was a 2 for 1 split, meaning for each share of HSIC 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. HSIC's third split took place on February 08, 2019. This was a 1275 for 1000 split, meaning for each 1000 shares of HSIC owned pre-split, the shareholder now owned 1275 shares. For example, a 4000 share position pre-split, became a 5100 share position following the split.
When a company such as Henry Schein 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 Henry Schein stock split history from start to finish, an original position size of 1000 shares would have turned into 5100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Henry Schein shares, starting with a $10,000 purchase of HSIC, presented on a split-history-adjusted basis factoring in the complete Henry Schein stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/29/2013 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$37.35 |
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| End price/share: |
$74.92 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
100.59% |
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| Average Annual Total Return: |
7.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,057.19 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/01/2005 | 2 for 1 | | 09/15/2017 | 2 for 1 | | 02/08/2019 | 1275 for 1000 |
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