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PerkinElmer (PKI) has 2 splits in our PerkinElmer stock split history database. The first split for PKI took place on May 11, 1992. This was a 2 for 1 split, meaning for each share of PKI 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. PKI's second split took place on June 04, 2001. This was a 2 for 1 split, meaning for each share of PKI owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as PerkinElmer 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 PerkinElmer stock split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PerkinElmer shares, starting with a $10,000 purchase of PKI, presented on a split-history-adjusted basis factoring in the complete PerkinElmer stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||12.71%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||12.34%|
|PerkinElmer is a provider of products, services and solutions for the diagnostics, life sciences and applied markets. Co. operates in the following segments: Discovery and Analytical Solutions and Diagnostics. Co.'s Discovery and Analytical Solutions segment serves the life sciences and applied markets. The life sciences market consists of the life sciences research market and laboratory services market whereas the applied markets consist of environmental, food and industrial markets. In its Diagnostics segments, Co. provides instruments, reagents, assay platforms, and software to hospitals, medical labs, clinicians, and medical research personnel to help improve the health of families. According to our PerkinElmer stock split history records, PerkinElmer has had 2 splits.|
|PKI Split History Table|
|05/11/1992||2 for 1|
|06/04/2001||2 for 1|
|Healthcare Stock Splits|
|PKI 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: PKI shares outstanding history