 |
 Video: What is a Stock Split?
|
|
|
| Schlumberger is a technology company that partners with customers to access energy by providing solutions and technologies for the global energy industry. Co.'s divisions are: Digital and Integration, which provides multiclient seismic surveys and data processing through WesternGeco®, digital solutions, and Asset Performance Solutions (APS) business model for field production projects; Reservoir Performance, which consists of reservoir-centric technologies and services; Well Construction, which provides services and products related to designing and constructing a well; Production Systems, which provides a portfolio of equipment and services including subsurface production systems. According to our Schlumberger stock split history records, Schlumberger has had 2 splits. | |
|
Schlumberger (SLB) has 2 splits in our Schlumberger stock split history database. The first split for SLB took place on July 14, 1997. This was a 2 for 1
split, meaning for each share of SLB 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. SLB's second split took place on April 10, 2006. This was a 2 for 1 split, meaning for each share of SLB 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 Schlumberger 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 Schlumberger 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 Schlumberger shares, starting with a $10,000 purchase of SLB, presented on a split-history-adjusted basis factoring in the complete Schlumberger stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
03/02/2011 |
|
| End date: |
03/01/2021 |
|
| Start price/share: |
$90.99 |
|
| End price/share: |
$28.72 |
|
| Starting shares: |
109.90 |
|
| Ending shares: |
143.02 |
|
| Dividends reinvested/share: |
$15.70 |
|
| Total return: |
-58.93% |
|
| Average Annual Total Return: |
-8.51% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$4,107.00 |
|
| Years: |
10.01 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
03/02/2011 |
|
| End date: |
03/01/2021 |
|
| Start price/share: |
$90.99 |
|
| End price/share: |
$28.72 |
|
| Dividends collected/share: |
$15.70 |
|
| Total return: |
-51.18% |
|
| Average Annual Total Return: |
-6.92% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$4,879.70 |
|
| Years: |
10.01 |
|
|
|
| Date |
Ratio |
| 07/14/1997 | 2 for 1
| | 04/10/2006 | 2 for 1 |
|
|
