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Transcat (TRNS) has 1 split in our TRNS split history database. The split for TRNS took place on July 23, 1997. This was a 2 for 1 split, meaning for each share of TRNS 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 Transcat 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 TRNS 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 Transcat shares, starting with a $10,000 purchase of TRNS, presented on a split-history-adjusted basis factoring in the complete TRNS split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||29.76%|
|Transcat is a provider of accredited calibration services, enterprise asset management services, and distributor of handheld test, measurement and control instrumentation. Co. conduct its business through two operating segments: service (Service) and distribution (Distribution). Through its Service segment, Co. provides calibration, repair, inspection, analytical qualifications, preventative maintenance, consulting and other related services, a majority of which are processed through its proprietary asset management system, CalTrak® and its online customer portal, C3®. Through its Distribution segment, Co. sells and rents national and proprietary brand instruments to customers globally. According to our TRNS split history records, Transcat has had 1 split.|
|TRNS Split History Table|
|07/23/1997||2 for 1|
|Industrials Stock Splits|
|TRNS 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: TRNS shares outstanding history