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 Video: What is a Stock Split?
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| Linde is an industrial gas company. Co.'s primary products in its industrial gases business are atmospheric gases (oxygen, nitrogen, argon, and rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene). Co. also designs and builds equipment that produces industrial gases and provides customers a range of gas production and processing services such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants. Co.'s reportable segments are: Americas, Europe/Middle East/Africa, and Asia/South Pacific; a fourth reportable segment which represents Co.'s Engineering business. According to our Linde PLC stock split history records, Linde PLC has had 1 split. | |
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Linde PLC (LIN) has 1 split in our Linde PLC stock split history database. The split for LIN took place on May 08, 1998. This was a 2 for 1
split, meaning for each share of LIN 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.
When a company such as Linde PLC 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 Linde PLC stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Linde PLC shares, starting with a $10,000 purchase of LIN, presented on a split-history-adjusted basis factoring in the complete Linde PLC stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/01/2018 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$168.87 |
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| End price/share: |
$468.18 |
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| Starting shares: |
59.22 |
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| Ending shares: |
65.05 |
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| Dividends reinvested/share: |
$26.37 |
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| Total return: |
204.53% |
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| Average Annual Total Return: |
20.34% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,448.19 |
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| Years: |
6.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/01/2018 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$168.87 |
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| End price/share: |
$468.18 |
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| Dividends collected/share: |
$26.37 |
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| Total return: |
192.86% |
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| Average Annual Total Return: |
19.56% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$29,280.48 |
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| Years: |
6.01 |
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| Date |
Ratio |
| 05/08/1998 | 2 for 1
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