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Video: What is a Stock Split?

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Designs and manufactures equipment for the maritime and offshore energy industries. Operating units engage in construction, upgrade and repair of drilling and mobile production units, and offhsore equipment, ocean-going vessels. According to our FGH stock split history records, FGH has had 1 split.
FGH stock split history picture
FGH (FGH) has 1 split in our FGH stock split history database. The split for FGH took place on October 14, 1997. This was a 2 for 1 split, meaning for each share of FGH 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.

When a company such as FGH 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 FGH stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FGH shares, starting with a $10,000 purchase of FGH, presented on a split-history-adjusted basis factoring in the complete FGH stock split history. FGH split adjusted history picture
FGH -- use the split history when considering split-adjusted past price performance.

Date Ratio
10/14/19972 for 1

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