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PTG (PTG) has 2 splits in our PTG split history database. The first split for PTG took place on August 14, 1995. This was a 3 for 2 split, meaning for each 2 shares of PTG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. PTG's second split took place on November 12, 1997. This was a 3 for 2 split, meaning for each 2 shares of PTG owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as PTG 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 PTG split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PTG shares, starting with a $10,000 purchase of PTG, presented on a split-history-adjusted basis factoring in the complete PTG split history.
PTG -- use the split history when considering split-adjusted past price performance.
|The Company is a systems integrator supplying SI Systems' branded automated material handling systems to manufacturing assembly order fulfillment and distribution operations customers in North America including the U.S. government. According to our PTG split history records, PTG has had 2 splits.|
|PTG Split History Table|
|08/14/1995||3 for 2|
|11/12/1997||3 for 2|