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McKesson (MCK) has 1 split in our MCK split history database. The split for MCK took place on January 05, 1998. This was a 2 for 1 split, meaning for each share of MCK 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 McKesson 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 MCK 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 McKesson shares, starting with a $10,000 purchase of MCK, presented on a split-history-adjusted basis factoring in the complete MCK split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||9.91%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||9.69%|
|McKesson provides pharmaceuticals and medical supplies and services to its customers. Co.'s segments include: U.S. Pharmaceutical and Specialty Solutions, which provides distribution and logistics services for branded, generic, specialty, biosimilar and over-the-counter pharmaceutical drugs and other healthcare-related products to customers; European Pharmaceutical Solutions, which provides distribution and services to wholesale, institutional and retail customers in European countries where it owns, partners or franchises with retail pharmacies; and Medical-Surgical Solutions, which delivers medical-supply distribution, logistics, biomedical and other services to healthcare providers. According to our MCK split history records, McKesson has had 1 split.|
|MCK Split History Table|
|01/05/1998||2 for 1|
|Healthcare Stock Splits|
|MCK is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: MCK shares outstanding history