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 Video: What is a Stock Split?
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| Lam Research is a supplier of wafer fabrication equipment and services to the semiconductor industry. Co. designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Co. also addresses processes for back-end wafer-level packaging, which is an alternative to wire bonding and can provide a smaller form factor, increased interconnect speed and bandwidth, and lower power consumption, among others. In addition, Co. provides a range of services throughout the lifecycle of its equipment, including customer service, spares, improvement, and refurbishment of its deposition, etch, and clean products. According to our Lam Research stock split history records, Lam Research has had 2 splits. | |
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Lam Research (LRCX) has 2 splits in our Lam Research stock split history database. The first split for LRCX took place on September 16, 1993. This was a 3 for 2
split, meaning for each 2
shares of LRCX 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. LRCX's second split took place on March 17, 2000. This was a 3 for 1
split, meaning for each share of LRCX owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 4500 share position following the split.
When a company such as Lam Research 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 Lam Research stock split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Lam Research shares, starting with a $10,000 purchase of LRCX, presented on a split-history-adjusted basis factoring in the complete Lam Research 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: |
$46.75 |
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| End price/share: |
$628.25 |
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| Starting shares: |
213.90 |
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| Ending shares: |
244.50 |
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| Dividends reinvested/share: |
$31.80 |
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| Total return: |
1,436.07% |
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| Average Annual Total Return: |
31.42% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$153,564.04 |
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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: |
$46.75 |
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| End price/share: |
$628.25 |
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| Dividends collected/share: |
$31.80 |
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| Total return: |
1,311.86% |
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| Average Annual Total Return: |
30.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$141,187.29 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/16/1993 | 3 for 2
| | 03/17/2000 | 3 for 1
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