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 Video: What is a Stock Split?
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| Trimble is a technology solutions provider. Co.'s work process solutions are used in architecture, building construction, civil engineering, geospatial, survey and mapping, agriculture, natural resources, utilities, transportation, and government. Co.'s segments are: Buildings and Infrastructure, which serves customers working in architecture, engineering, construction, and operations and maintenance; Geospatial, which serves customers working in surveying, engineering, and government; Resources and Utilities, which serves customers working in agriculture, forestry, and utilities; and Transportation, which serves customers working in long haul trucking and freight shipper markets. According to our Trimble stock split history records, Trimble has had 3 splits. | |
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Trimble (TRMB) has 3 splits in our Trimble stock split history database. The first split for TRMB took place on March 05, 2004. This was a 3 for 2 split, meaning for each 2 shares of TRMB 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. TRMB's second split took place on February 23, 2007. This was a 2 for 1 split, meaning for each share of TRMB owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. TRMB's third split took place on March 21, 2013. This was a 2 for 1 split, meaning for each share of TRMB owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as Trimble 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 Trimble stock split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Trimble shares, starting with a $10,000 purchase of TRMB, presented on a split-history-adjusted basis factoring in the complete Trimble stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
06/09/2023 |
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| Start price/share: |
$26.44 |
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| End price/share: |
$50.11 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
89.52% |
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| Average Annual Total Return: |
6.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,948.38 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/05/2004 | 3 for 2 | | 02/23/2007 | 2 for 1 | | 03/21/2013 | 2 for 1 |
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