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Video: What is a Stock Split?
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Reliv' International is a developer and marketer of a line of nutritional supplements addressing basic nutrition, specific wellness needs, weight management and sports nutrition. Co. sells its products through an international direct selling system using independent distributors. Co.'s basic nutritional supplements are formulated to provide a balanced supplementation for the consumer. Most of Co.'s supplements are in powdered form that the consumer mixes with water, juice or other liquid and others are available in capsule form. Co.'s products include: Reliv Classic, Reliv Now, Innergize!, and FibRestore, along with LunaRich X capsules. According to our RELV split history records, RELV has had 4 splits. | |
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RELV (RELV) has 4 splits in our RELV split history database. The first split for RELV took place on February 12, 1997. This was a 11 for 10
split, meaning for each 10
shares of RELV owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. RELV's second split took place on October 09, 2002. This was a 11905 for 10000 split, meaning for each 10000 shares of RELV owned pre-split, the shareholder now owned 11905 shares. For example, a 1100 share position pre-split, became a 1309.55 share position following the split. RELV's third split took place on November 14, 2003. This was a 5 for 4 split, meaning for each 4 shares of RELV owned pre-split, the shareholder now owned 5 shares. For example, a 1309.55 share position pre-split, became a 1636.9375 share position following the split. RELV's 4th split took place on October 04, 2016. This was a 1 for 7 reverse split, meaning for each 7 shares of RELV owned pre-split, the shareholder now owned 1 share. For example, a 1636.9375 share position pre-split, became a 233.848214285714 share position following the split.
When a company such as RELV 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. When a company such as RELV conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the RELV split history from start to finish, an original position size of 1000 shares would have turned into 233.848214285714 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RELV shares, starting with a $10,000 purchase of RELV, presented on a split-history-adjusted basis factoring in the complete RELV split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/19/2024 |
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Start price/share: |
$14.63 |
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End price/share: |
$3.85 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-73.68% |
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Average Annual Total Return: |
-12.50% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$2,630.76 |
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Years: |
10.00 |
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Date |
Ratio |
02/12/1997 | 11 for 10
| 10/09/2002 | 11905 for 10000 | 11/14/2003 | 5 for 4 | 10/04/2016 | 1 for 7 |
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