When a company such as Canadian Imperial Bank Of Commerce (Toronto Ontario) 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 CM 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 Canadian Imperial Bank Of Commerce (Toronto Ontario) shares, starting with a $10,000 purchase of CM, presented on a split-history-adjusted basis factoring in the complete CM split history.

About Canadian Imperial Bank Of Commerce (Toronto Ontario)

Canadian Imperial Bank of Commerce is a financial institution. Co.'s business units are: Canadian Personal and Business Banking, which provides financial advice, services and solutions; Canadian Commercial Banking and Wealth Management, which provides banking and wealth management services, as well as asset management services; United States Commercial Banking and Wealth Management, which provides commercial banking and private wealth services, as well as personal and small business banking services; and Capital Markets, which provides global markets products and services, investment banking advisory and execution, corporate banking solutions and research. According to our CM split history records, Canadian Imperial Bank Of Commerce (Toronto Ontario) has had 1 split.

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