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Video: What is a Stock Split?
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McKesson Corporation is a provider of diversified healthcare services. Co. is engaged in advancing health outcomes for patients everywhere. Its U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over the counter (OTC) pharmaceutical drugs and other healthcare-related products in the U.S.. Its Prescription Technology Solutions segment helps solve medication access, affordability, and adherence challenges for patients by working across healthcare to connect patients, pharmacies, providers, pharmacy benefit managers, health plans, and biopharma companies. According to our McKesson stock split history records, McKesson has had 1 split. | |
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McKesson (MCK) has 1 split in our McKesson stock split history database. The split for MCK took place on January 05, 1998. This was a 2 for 1
split, meaning for each share of MCK 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 McKesson 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 McKesson 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 McKesson shares, starting with a $10,000 purchase of MCK, presented on a split-history-adjusted basis factoring in the complete McKesson 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: |
$205.33 |
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End price/share: |
$583.96 |
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Starting shares: |
48.70 |
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Ending shares: |
52.69 |
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Dividends reinvested/share: |
$16.90 |
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Total return: |
207.72% |
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Average Annual Total Return: |
11.89% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$30,764.26 |
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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: |
$205.33 |
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End price/share: |
$583.96 |
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Dividends collected/share: |
$16.90 |
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Total return: |
192.63% |
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Average Annual Total Return: |
11.33% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$29,258.35 |
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Years: |
10.00 |
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Date |
Ratio |
01/05/1998 | 2 for 1
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