Split History
TE split history picture
TE (TE) has 2 splits in our TE split history database. The first split for TE took place on August 17, 1987. This was a 2 for 1 split, meaning for each share of TE 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. TE's second split took place on August 31, 1993. This was a 2 for 1 split, meaning for each share of TE owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.

When a company such as TE 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 TE split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TE shares, starting with a $10,000 purchase of TE, presented on a split-history-adjusted basis factoring in the complete TE split history. TE split adjusted history picture
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TECO Energy is a holding company for regulated utilities and other businesses. Co. holds the common stock of Tampa Electric Company (TEC) and, through its subsidiaries, New Mexico Gas Intermediate, Inc., owns New Mexico Gas Company, Inc. (NMGC). TEC has two business segments: Tampa Electric, which is engaged in the generation, purchase, transmission, distribution and sale of electric energy; and Peoples Gas System, which is engaged in the purchase, distribution and sale of natural gas for residential, commercial, industrial and electric power generation customers. NMGC is engaged in the purchase, distribution and sale of natural gas for residential, commercial and industrial customers. According to our TE split history records, TE has had 2 splits.
Date Ratio
08/17/19872 for 1
08/31/19932 for 1
TE is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:

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