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 Video: What is a Stock Split?
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| Hologic, Inc. is a medical technology company focused on improving women's health and well-being through early detection and treatment. It is a developer, manufacturer and supplier of diagnostics products, medical imaging systems and surgical products. Its segments include Diagnostics, Breast Health, GYN Surgical and Skeletal Health. Diagnostics segment offers a range of diagnostic products, which are used to aid in the screening and diagnosis of human diseases. Breast Health segment offers a portfolio of solutions for breast cancer care in the areas of radiology, breast surgery, pathology and treatment. It also offers wireless breast surgery localization and lymphatic tracing solutions. According to our Hologic stock split history records, Hologic has had 3 splits. | |
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Hologic (HOLX) has 3 splits in our Hologic stock split history database. The first split for HOLX took place on March 26, 1996. This was a 2 for 1
split, meaning for each share of HOLX 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. HOLX's second split took place on December 01, 2005. This was a 2 for 1 split, meaning for each share of HOLX 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. HOLX's third split took place on April 03, 2008. This was a 2 for 1 split, meaning for each share of HOLX 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.
When a company such as Hologic 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 Hologic stock split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Hologic shares, starting with a $10,000 purchase of HOLX, presented on a split-history-adjusted basis factoring in the complete Hologic stock split history.
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: |
$29.40 |
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| End price/share: |
$69.97 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
137.99% |
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| Average Annual Total Return: |
9.06% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$23,792.96 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 03/26/1996 | 2 for 1
| | 12/01/2005 | 2 for 1 | | 04/03/2008 | 2 for 1 |
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