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 Video: What is a Stock Split?
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| STERIS Plc is a provider of products and services that support patient care with an emphasis on infection prevention. Its segments include Healthcare, Applied Sterilization Technologies (AST), and Life Sciences. Its Healthcare segment provides a comprehensive offering for healthcare providers worldwide, focused on sterile processing departments and procedural centers, such as operating rooms and endoscopy suites. AST segment supports medical device and pharmaceutical manufacturers through a global network of contract sterilization and laboratory testing facilities, and integrated sterilization equipment and control systems. According to our STERIS stock split history records, STERIS has had 2 splits. | |
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STERIS (STE) has 2 splits in our STERIS stock split history database. The first split for STE took place on August 25, 1995. This was a 2 for 1
split, meaning for each share of STE 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. STE's second split took place on August 25, 1998. This was a 2 for 1
split, meaning for each share of STE 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 STERIS 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 STERIS 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 STERIS shares, starting with a $10,000 purchase of STE, presented on a split-history-adjusted basis factoring in the complete STERIS stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$66.50 |
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| End price/share: |
$225.26 |
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| Starting shares: |
150.38 |
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| Ending shares: |
168.17 |
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| Dividends reinvested/share: |
$15.42 |
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| Total return: |
278.83% |
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| Average Annual Total Return: |
14.24% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$37,873.93 |
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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: |
04/30/2015 |
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| End date: |
04/28/2025 |
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| Start price/share: |
$66.50 |
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| End price/share: |
$225.26 |
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| Dividends collected/share: |
$15.42 |
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| Total return: |
261.92% |
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| Average Annual Total Return: |
13.72% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$36,184.41 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/25/1995 | 2 for 1
| | 08/25/1998 | 2 for 1
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