When a company such as DRC 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 DRC 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 DRC shares, starting with a $10,000 purchase of DRC, presented on a split-history-adjusted basis factoring in the complete DRC split history.

About DRC

Dresser-Rand Group is a supplier of custom-engineered rotating equipment solutions for tthe oil, gas, chemical, petrochemical, process, power generation, military and other industries. In addition, Co.'s equipment and service solutions are used in the energy infrastructure markets, including environmental solutions and distributed power generation. Co. operates two segments: new units, which includes engineering, manufacturing, project management, packaging, testing, sales and administrative support; and aftermarket parts and services, which consist of support solutions for the existing population of installed equipment and the operation and maintenance of several types of energy plants. According to our DRC split history records, DRC has had 1 split.

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