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 Video: What is a Stock Split?
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| Iron Mountain Inc is a provider of information management services. Co. offers a range of services, including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction, and art storage and logistics. Co. helps businesses to unlock value and intelligence from their stored digital and physical assets. It serves to protect its customers' work. Its segments include Global Records and Information Management (Global RIM) Business and Global Data Center Business. According to our Iron Mountain stock split history records, Iron Mountain has had 5 splits. | |
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Iron Mountain (IRM) has 5 splits in our Iron Mountain stock split history database. The first split for IRM took place on August 03, 1998. This was a 3 for 2
split, meaning for each 2
shares of IRM 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. IRM's second split took place on January 02, 2002. This was a 3 for 2 split, meaning for each 2 shares of IRM owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. IRM's third split took place on July 01, 2004. This was a 3 for 2 split, meaning for each 2 shares of IRM owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. IRM's 4th split took place on January 03, 2007. This was a 3 for 2 split, meaning for each 2 shares of IRM owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split. IRM's 5th split took place on September 26, 2014. This was a 1082 for 1000 split, meaning for each 1000 shares of IRM owned pre-split, the shareholder now owned 1082 shares. For example, a 5062.5 share position pre-split, became a 5477.625 share position following the split.
When a company such as Iron Mountain 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 Iron Mountain stock split history from start to finish, an original position size of 1000 shares would have turned into 5477.625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Iron Mountain shares, starting with a $10,000 purchase of IRM, presented on a split-history-adjusted basis factoring in the complete Iron Mountain stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/12/2014 |
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| End date: |
12/10/2024 |
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| Start price/share: |
$36.44 |
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| End price/share: |
$112.02 |
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| Starting shares: |
274.42 |
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| Ending shares: |
489.08 |
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| Dividends reinvested/share: |
$22.96 |
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| Total return: |
447.86% |
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| Average Annual Total Return: |
18.54% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$54,808.96 |
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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: |
12/12/2014 |
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| End date: |
12/10/2024 |
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| Start price/share: |
$36.44 |
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| End price/share: |
$112.02 |
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| Dividends collected/share: |
$22.96 |
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| Total return: |
270.42% |
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| Average Annual Total Return: |
13.99% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$37,053.00 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/03/1998 | 3 for 2
| | 01/02/2002 | 3 for 2 | | 07/01/2004 | 3 for 2 | | 01/03/2007 | 3 for 2 | | 09/26/2014 | 1082 for 1000 |
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