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 Video: What is a Stock Split?
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| PerkinElmer provides products, services and solutions for the diagnostics, life sciences and applied markets. Co. ‘s segments are: Discovery and Analytical Solutions and Diagnostics. Co.'s Discovery and Analytical Solutions segment serves: the life sciences, which consist of the life sciences research market and laboratory services market; and applied markets, which consist of environmental, food and industrial markets. Co.'s Diagnostics segment provides instruments, reagents, assay platforms, and software to hospitals, medical labs, clinicians and medical research personnel. Co.'s Diagnostics segment is focused on reproductive health, immunodiagnostics, diagnostics and applied genomics. According to our PKI stock split history records, PKI has had 2 splits. | |
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PKI (PKI) has 2 splits in our PKI stock split history database. The first split for PKI took place on May 11, 1992. This was a 2 for 1
split, meaning for each share of PKI 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. PKI's second split took place on June 04, 2001. This was a 2 for 1 split, meaning for each share of PKI owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as PKI 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 PKI stock split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PKI shares, starting with a $10,000 purchase of PKI, presented on a split-history-adjusted basis factoring in the complete PKI 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: |
05/15/2023 |
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| Start price/share: |
$41.73 |
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| End price/share: |
$115.24 |
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| Starting shares: |
239.64 |
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| Ending shares: |
246.93 |
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| Dividends reinvested/share: |
$2.38 |
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| Total return: |
184.56% |
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| Average Annual Total Return: |
13.22% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$28,463.22 |
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| Years: |
8.42 |
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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: |
05/15/2023 |
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| Start price/share: |
$41.73 |
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| End price/share: |
$115.24 |
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| Dividends collected/share: |
$2.38 |
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| Total return: |
181.86% |
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| Average Annual Total Return: |
13.09% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$28,189.06 |
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| Years: |
8.42 |
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| Date |
Ratio |
| 05/11/1992 | 2 for 1
| | 06/04/2001 | 2 for 1 |
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