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GMK (GMK) has 1 split in our GMK split history database. The split for GMK took place on May 13, 1999. This was a 10166 for 10000 split, meaning for each 10000 shares of GMK owned pre-split, the shareholder now owned 10166 shares. For example, a 1000 share position pre-split, became a 1016.6 share position following the split.
When a company such as GMK 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 GMK split history from start to finish, an original position size of 1000 shares would have turned into 1016.6 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into GMK shares, starting with a $10,000 purchase of GMK, presented on a split-history-adjusted basis factoring in the complete GMK split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||40.49%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||40.43%|
|Gruma is a holding company. Through its subsidiaries, Co. is engaged in the production of corn flour, which is used to make tortillas, tamales, enchiladas, chips, as well as different flatbreads. Co.'s products are produced, marketed, and sold in Mexico, Costa Rica, the United States, Guatemala, Honduras, El Salvador, Nicaragua, Ecuador and Europe. In Central America, Co. produces rice, and has an agriculture related businesses engaged in harvesting hearts of palm and producing preservatives. Through its subsidiaries, Co. is also engaged in the design, manufacture and commercialization of tortilla machines and related equipment which are sold to supermarkets. According to our GMK split history records, GMK has had 1 split.|
|GMK Split History Table|
|05/13/1999||10166 for 10000|
|Consumer Stock Splits|
|GMK is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:|