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|AG Stock Split History|
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First Majestic Silver (AG) has 2 splits in our AG split history database. The first split for AG took place on December 16, 1994. This was a 3 for 2 split, meaning for each 2 shares of AG 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. AG's second split took place on February 01, 1996. This was a 2 for 1 split, meaning for each share of AG 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.
When a company such as First Majestic Silver 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 AG split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into First Majestic Silver shares, starting with a $10,000 purchase of AG, presented on a split-history-adjusted basis factoring in the complete AG split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||1.64%|
|About First Majestic Silver|
|First Majestic Silver is engaged in the production, development, exploration and acquisition of mineral properties focusing on silver production in Mexico. Co. owns and operates three producing mines in Mexico: the San Dimas Silver/Gold Mine in Durango State; the Santa Elena Silver/Gold Mine in Sonora State; and the La Encantada Silver Mine in Coahuila State. Co. also owns several non-material mines: the San Martin Silver Mine in Jalisco State; the La Parrilla Silver Mine in Durango State; the Del Toro Silver Mine in Zacatecas State; and the La Guitarra Silver Mine in Mexico State. Co. also owns two silver development projects in Mexico, the La Luz Silver Project and La Joya Silver Project. According to our AG split history records, First Majestic Silver has had 2 splits.|
|AG Split History Table|
|12/16/1994||3 for 2|
|02/01/1996||2 for 1|
|Materials Stock Splits|
|AG is categorized under the Materials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: AG shares outstanding history