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 Video: What is a Stock Split?
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| Stillwater Mining is engaged in the development, extraction, processing, smelting and refining of palladium, platinum and associated metals (platinum group metals (PGMs)) produced by mining a geological formation in south-central Montana (J-M Reef) and recycling spent catalytic converters and other industrial sources. Co. is also engaged in expanding its mining development along the J-M Reef, and holds exploration-stage properties at the Marathon PGM copper property in northern Ontario, Canada and at the Altar copper-gold property in San Juan province, Argentina. In addition, Co. produces associated by-product metals such as nickel, copper and minor amounts of gold, silver and rhodium. According to our SWC split history records, SWC has had 2 splits. | |
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SWC (SWC) has 2 splits in our SWC split history database. The first split for SWC took place on January 04, 1999. This was a 3 for 2
split, meaning for each 2
shares of SWC 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. SWC's second split took place on December 17, 1998.
When a company such as SWC 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 SWC split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SWC shares, starting with a $10,000 purchase of SWC, presented on a split-history-adjusted basis factoring in the complete SWC split history.
No data found |
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| Date |
Ratio |
| 01/04/1999 | 3 for 2
| | 12/17/1998 | 1 for 1 |
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