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VPI (VPI) has 1 split in our VPI split history database. The split for VPI took place on October 08, 1997. This was a 2 for 1 split, meaning for each share of VPI 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 VPI 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 VPI 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 VPI shares, starting with a $10,000 purchase of VPI, presented on a split-history-adjusted basis factoring in the complete VPI split history.
VPI -- use the split history when considering split-adjusted past price performance.
|Independent energy company with operations primarily in the exploration and production and gas marketing segments of the oil and gas industry. According to our VPI split history records, VPI has had 1 split.|
|VPI Split History Table|
|10/08/1997||2 for 1|
|Consumer Stock Splits|
|VPI is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:|