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 Video: What is a Stock Split?
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| Interpublic Group of Companies is an advertising and marketing services company. Co. engages in consumer advertising, digital marketing, communications planning and media buying, public relations, communications disciplines and data management. Co. has two reportable segments, which are Integrated Agency Networks (IAN) and IPG DXTRA (DXTRA). Within IAN, Co.'s agencies provide a range of communications and marketing services. Co.'s digital specialist agencies provide digital capabilities and serve as primary digital partners. DXTRA provides clients with public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and marketing consulting. According to our Interpublic Group of Companies stock split history records, Interpublic Group of Companies has had 4 splits. | |
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Interpublic Group of Companies (IPG) has 4 splits in our Interpublic Group of Companies stock split history database. The first split for IPG took place on June 16, 1989. This was a 3 for 2
split, meaning for each 2
shares of IPG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. IPG's second split took place on June 16, 1992. This was a 2 for 1
split, meaning for each share of IPG owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. IPG's third split took place on July 16, 1997. This was a 3 for 2
split, meaning for each 2
shares of IPG owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 4500 share position following the split. IPG's 4th split took place on July 16, 1999. This was a 2 for 1
split, meaning for each share of IPG owned pre-split, the shareholder now owned 2 shares. For example, a 4500 share position pre-split, became a 9000 share position following the split.
When a company such as Interpublic Group of Companies 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 Interpublic Group of Companies stock split history from start to finish, an original position size of 1000 shares would have turned into 9000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Interpublic Group of Companies shares, starting with a $10,000 purchase of IPG, presented on a split-history-adjusted basis factoring in the complete Interpublic Group of Companies stock split history.
Growth of $10,000.00
With 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: |
$14.40 |
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| End price/share: |
$37.71 |
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| Starting shares: |
694.44 |
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| Ending shares: |
961.37 |
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| Dividends reinvested/share: |
$7.75 |
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| Total return: |
262.53% |
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| Average Annual Total Return: |
13.75% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$36,254.40 |
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| Years: |
10.00 |
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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: |
$14.40 |
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| End price/share: |
$37.71 |
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| Dividends collected/share: |
$7.75 |
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| Total return: |
215.73% |
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| Average Annual Total Return: |
12.19% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$31,579.45 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/16/1989 | 3 for 2
| | 06/16/1992 | 2 for 1
| | 07/16/1997 | 3 for 2
| | 07/16/1999 | 2 for 1
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