|Free Dividend Report|
|COO Dividend History|
|COO Stock Split History|
|Preferred Stock Newsletter|
|COO Options Chain|
|Stock Message Boards|
Cooper Companies (COO) has 2 splits in our Cooper Companies stock split history database. The first split for COO took place on September 22, 1995. This was a 1 for 3 reverse split, meaning for each 3 shares of COO owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split. COO's second split took place on November 25, 2002. This was a 2 for 1 split, meaning for each share of COO owned pre-split, the shareholder now owned 2 shares. For example, a 333.333333333333 share position pre-split, became a 666.666666666667 share position following the split.
When a company such as Cooper Companies 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. When a company such as Cooper Companies conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the Cooper Companies stock split history from start to finish, an original position size of 1000 shares would have turned into 666.666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cooper Companies shares, starting with a $10,000 purchase of COO, presented on a split-history-adjusted basis factoring in the complete Cooper Companies stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||22.03%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||21.99%|
|About Cooper Companies|
|Cooper Companies is a global medical device company. Co. operates through CooperVision and CooperSurgical business units. CooperVision is a manufacturer providing products for contact lens wearers. CooperVision designs its products for astigmatism, presbyopia, myopia, ocular dryness and eye fatigues with a collection of spherical, toric and multifocal contact lenses. CooperVision is engaged in myopia management and specialty eye care markets with products, such as orthokeratology and scleral lenses. CooperSurgical focuses on improving the health of women, babies and families through a portfolio of products and services including medical devices, fertility, diagnostics and contraception. According to our Cooper Companies stock split history records, Cooper Companies has had 2 splits.|
|COO Split History Table|
|09/22/1995||1 for 3|
|11/25/2002||2 for 1|
|Healthcare Stock Splits|
|COO is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: COO shares outstanding history