What has happened to 100 shares of Genentech stock purchased at Genentechs 1980 IPO with the amount of the investment maintained through May 2004?
Based on corporate transactions between Roche and Genentech that occurred between 1990 to 1999 (as described in Stock Events Timeline), it is not possible for an investor to hold today shares of Genentech purchased in 1980. However, assuming that any cash payouts to an investor from such corporate transactions were reinvested in Genentech stock at the prices indicated below, the initial investment in 100 shares would have grown to 5,040 shares.