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|TFX Dividend History|
|TFX Stock Split History|
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Teleflex (TFX) has 2 splits in our Teleflex stock split history database. The first split for TFX took place on June 17, 1991. This was a 3 for 2 split, meaning for each 2 shares of TFX owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. TFX's second split took place on June 17, 1997. This was a 2 for 1 split, meaning for each share of TFX owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as Teleflex 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 Teleflex stock split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Teleflex shares, starting with a $10,000 purchase of TFX, presented on a split-history-adjusted basis factoring in the complete Teleflex stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||17.87%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||16.88%|
|Teleflex is a provider of medical technology products. Co. primarily designs, develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for common diagnostic and therapeutic procedures in critical care and surgical applications. Co.'s product categories within its geographic segments include vascular access, which provides devices that facilitate a variety of critical care therapies and other applications; anesthesia, which comprised of airway and pain management product lines; and interventional, which consist of a variety of coronary catheters, structural heart therapies, and peripheral intervention products. According to our Teleflex stock split history records, Teleflex has had 2 splits.|
|TFX Split History Table|
|06/17/1991||3 for 2|
|06/17/1997||2 for 1|
|Healthcare Stock Splits|
|TFX 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: TFX shares outstanding history