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 Video: What is a Stock Split?
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| Ambac Financial Group is a financial service holding company. Co.'s provides financial guarantee policies through its principal operating subsidiary, Ambac Assurance Corporation (Ambac Assurance) and its wholly owned subsidiary Ambac Assurance UK Limited. Through its subsidiaries, Co. operates in one business segment: financial guarantee, which consisted of financial guarantee insurance policies and credit derivative contracts. Insurance policies issued provide an unconditional and irrevocable guarantee which protects the holder of a debt obligation against non-payment when due of the principal and interest on the obligations guaranteed. According to our AMBC split history records, Ambac Financial Group has had 2 splits. | |
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Ambac Financial Group (AMBC) has 2 splits in our AMBC split history database. The first split for AMBC took place on March 17, 1994. This was a 2 for 1
split, meaning for each share of AMBC 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. AMBC's second split took place on October 24, 1997. This was a 2 for 1
split, meaning for each share of AMBC 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 Ambac Financial Group 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 AMBC 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 Ambac Financial Group shares, starting with a $10,000 purchase of AMBC, presented on a split-history-adjusted basis factoring in the complete AMBC split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/02/2013 |
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| End date: |
07/19/2019 |
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| Start price/share: |
$20.20 |
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| End price/share: |
$17.52 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-13.27% |
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| Average Annual Total Return: |
-2.26% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,675.32 |
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| Years: |
6.22 |
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| Date |
Ratio |
| 03/17/1994 | 2 for 1
| | 10/24/1997 | 2 for 1
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