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|ILMN Stock Split History|
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Illumina (ILMN) has 1 split in our Illumina stock split history database. The split for ILMN took place on September 23, 2008. This was a 2 for 1 split, meaning for each share of ILMN 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 Illumina 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 Illumina stock 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 Illumina shares, starting with a $10,000 purchase of ILMN, presented on a split-history-adjusted basis factoring in the complete Illumina stock split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||21.40%|
|Illumina is engaged in sequencing- and array-based solutions for genetic and genomic analysis. Co. provides whole-genome sequencing, genotyping, noninvasive prenatal testing (NIPT), and product support services. Using Co.'s services, customers can perform whole-genome sequencing projects and microarray projects (including large-scale genotyping studies and whole-genome association studies). Co. provides NIPT services through its partner laboratories that direct samples to Co. on a test send-out basis in its Clinical Laboratory Improvements Amendments-certified, College of Pathologists-accredited laboratory. Co. also provides support services to customers who have purchased its products. According to our Illumina stock split history records, Illumina has had 1 split.|
|ILMN Split History Table|
|09/23/2008||2 for 1|
|Healthcare Stock Splits|
|ILMN 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: ILMN shares outstanding history