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 Video: What is a Stock Split?
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| Education Management is a provider of post-secondary education. Co. has four reportable segments: The Art Institutes, which focuses on applied arts in professions such as graphic design, culinary arts, media arts and animation, and interior design; Argosy University, which provides academic programs in psychology and behavioral sciences, business, education and health sciences disciplines; Brown Mackie Colleges, which provides programs that enable students to develop skills for entry-level positions in vocational specialties and programs that assist students to advance within the workplace; and South University, which provides academic programs in health sciences and business disciplines. According to our EDMC split history records, EDMC has had 2 splits. | |
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EDMC (EDMC) has 2 splits in our EDMC split history database. The first split for EDMC took place on December 30, 1998. This was a 2 for 1
split, meaning for each share of EDMC 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. EDMC's second split took place on December 23, 2003. This was a 2 for 1 split, meaning for each share of EDMC 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 EDMC 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 EDMC 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 EDMC shares, starting with a $10,000 purchase of EDMC, presented on a split-history-adjusted basis factoring in the complete EDMC split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/25/2014 |
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| End date: |
06/30/2017 |
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| Start price/share: |
$3.85 |
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| End price/share: |
$0.01 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-99.74% |
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| Average Annual Total Return: |
-84.59% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25.96 |
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| Years: |
3.18 |
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| Date |
Ratio |
| 12/30/1998 | 2 for 1
| | 12/23/2003 | 2 for 1 |
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