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Video: What is a Stock Split?
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Thermo Fisher Scientific Inc. is engaged in helping life sciences research, increasing laboratory productivity, and improving patient health through diagnostics and the development and manufacture of life-changing therapies. Life Sciences Solutions segment provides a portfolio of reagents, instruments and consumables used in biological and medical research, discovery and production of new drugs and vaccines as well as diagnosis of infection and disease. It also provides proteomics solutions. Analytical Instruments segment provides instruments and the supporting consumables, software and services that are used for a range of applications in the laboratory and in the field. According to our Thermo Fisher Scientific stock split history records, Thermo Fisher Scientific has had 3 splits. | |
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Thermo Fisher Scientific (TMO) has 3 splits in our Thermo Fisher Scientific stock split history database. The first split for TMO took place on October 29, 1993. This was a 3 for 2
split, meaning for each 2
shares of TMO owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. TMO's second split took place on May 25, 1995. This was a 3 for 2
split, meaning for each 2
shares of TMO owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. TMO's third split took place on June 06, 1996. This was a 3 for 2
split, meaning for each 2
shares of TMO owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split.
When a company such as Thermo Fisher Scientific 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 Thermo Fisher Scientific stock split history from start to finish, an original position size of 1000 shares would have turned into 3375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Thermo Fisher Scientific shares, starting with a $10,000 purchase of TMO, presented on a split-history-adjusted basis factoring in the complete Thermo Fisher Scientific 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: |
$124.99 |
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End price/share: |
$535.85 |
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Starting shares: |
80.01 |
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Ending shares: |
82.36 |
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Dividends reinvested/share: |
$8.93 |
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Total return: |
341.32% |
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Average Annual Total Return: |
16.00% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$44,132.29 |
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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: |
$124.99 |
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End price/share: |
$535.85 |
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Dividends collected/share: |
$8.93 |
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Total return: |
335.86% |
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Average Annual Total Return: |
15.86% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$43,602.40 |
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Years: |
10.00 |
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Date |
Ratio |
10/29/1993 | 3 for 2
| 05/25/1995 | 3 for 2
| 06/06/1996 | 3 for 2
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