|
Video: What is a Stock Split?
|
|
West Pharmaceutical Services is a manufacturer in the design and production of integrated containment and delivery systems for injectable drugs and healthcare products. Co.'s business operations are organized into two reportable segments: Proprietary Products, which provides proprietary packaging, containment and drug delivery products, along with analytical lab services and other integrated services and solutions, mainly to biologic, generic and pharmaceutical drug customers; and Contract-Manufactured Products, which serves as an integrated business, focused on the design, manufacture, and automated assembly of devices, mainly for pharmaceutical, diagnostic, and medical device customers. According to our West Pharmaceutical Services stock split history records, West Pharmaceutical Services has had 3 splits. | |
|
West Pharmaceutical Services (WST) has 3 splits in our West Pharmaceutical Services stock split history database. The first split for WST took place on September 30, 2004. WST's second split took place on September 29, 2004. This was a 2 for 1 split, meaning for each share of WST 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. WST's third split took place on September 27, 2013. This was a 2 for 1 split, meaning for each share of WST 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 West Pharmaceutical Services 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 West Pharmaceutical Services 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 West Pharmaceutical Services shares, starting with a $10,000 purchase of WST, presented on a split-history-adjusted basis factoring in the complete West Pharmaceutical Services stock split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
09/18/2014 |
|
End date: |
09/16/2024 |
|
Start price/share: |
$44.89 |
|
End price/share: |
$296.78 |
|
Starting shares: |
222.77 |
|
Ending shares: |
233.27 |
|
Dividends reinvested/share: |
$6.20 |
|
Total return: |
592.31% |
|
Average Annual Total Return: |
21.34% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$69,226.13 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
09/18/2014 |
|
End date: |
09/16/2024 |
|
Start price/share: |
$44.89 |
|
End price/share: |
$296.78 |
|
Dividends collected/share: |
$6.20 |
|
Total return: |
574.94% |
|
Average Annual Total Return: |
21.03% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$67,477.26 |
|
Years: |
10.00 |
|
|
|
Date |
Ratio |
09/30/2004 | 1 for 1 | 09/29/2004 | 2 for 1 | 09/27/2013 | 2 for 1 |
|
|