|Free Dividend Report|
|TEX Dividend History|
|TEX Stock Split History|
|Preferred Stock Newsletter|
|TEX Options Chain|
|TEX Message Board|
Terex (TEX) has 2 splits in our TEX split history database. The first split for TEX took place on May 25, 1990. This was a 5 for 4 split, meaning for each 4 shares of TEX owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. TEX's second split took place on July 17, 2006. This was a 2 for 1 split, meaning for each share of TEX owned pre-split, the shareholder now owned 2 shares. For example, a 1250 share position pre-split, became a 2500 share position following the split.
When a company such as Terex 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 TEX split history from start to finish, an original position size of 1000 shares would have turned into 2500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Terex shares, starting with a $10,000 purchase of TEX, presented on a split-history-adjusted basis factoring in the complete TEX split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||6.86%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||6.69%|
|Terex is a global manufacturer of aerial work platforms, materials processing machinery and cranes. Co. has two segments: Aerial Work Platforms, which designs, manufactures, services and markets aerial work platform equipment, utility equipment, telehandlers and light towers, including portable material lifts, self-propelled articulating and telescopic booms, scissor lifts, and trailer-mounted light towers as well as, their related components and replacement parts; and Material Processing, which designs, manufactures and markets materials processing and other equipment, including crushers, washing systems, apron feeders, conveyors, and their related components and replacement parts. According to our TEX split history records, Terex has had 2 splits.|
|TEX Split History Table|
|05/25/1990||5 for 4|
|07/17/2006||2 for 1|
|Industrials Stock Splits|
|TEX is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: TEX shares outstanding history