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

About Minerals Technologies

Minerals Technologies is a resource- and technology-based company. Co. has three reportable segments: Performance Materials, which is a global supplier of a range of bentonite-based and synthetic materials for consumer-oriented and industrial markets and for non-residential construction, environmental remediation, and infrastructure projects; Specialty Minerals, which produces and sells the synthetic mineral product precipitated calcium carbonate and processed mineral product quicklime, and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc; and Refractories, which produces monolithic and shaped refractory materials and specialty products. According to our MTX split history records, Minerals Technologies has had 1 split.

MTX Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved