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Video: What is a Stock Split?
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AMC Entertainment Holdings, Inc. is a movie exhibition company. Co. is principally involved in the theatrical exhibition business and owns, operates or has interests in theatres primarily located in the U.S. and Europe. Co. operates through two segments: U.S. markets and International markets. In the U.S. markets segment, it owns, leases or operates theatres in 43 states and the District of Columbia. The International markets segment has operations in or partial interest in theatres in the United Kingdom, Germany, Spain, Italy, Ireland, Portugal, Sweden, Finland, Norway, and Denmark. Its brands include AMC, AMC CLASSIC and others. According to our AMC split history records, AMC Entertainment Holdings has had 1 split. | |
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AMC Entertainment Holdings (AMC) has 1 split in our AMC split history database. The split for AMC took place on August 24, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of AMC owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as AMC Entertainment Holdings 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 AMC split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AMC Entertainment Holdings shares, starting with a $10,000 purchase of AMC, presented on a split-history-adjusted basis factoring in the complete AMC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/05/2014 |
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End date: |
12/03/2024 |
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Start price/share: |
$252.50 |
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End price/share: |
$4.86 |
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Starting shares: |
39.60 |
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Ending shares: |
53.62 |
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Dividends reinvested/share: |
$55.80 |
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Total return: |
-97.39% |
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Average Annual Total Return: |
-30.56% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$260.41 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/05/2014 |
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End date: |
12/03/2024 |
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Start price/share: |
$252.50 |
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End price/share: |
$4.86 |
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Dividends collected/share: |
$55.80 |
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Total return: |
-75.98% |
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Average Annual Total Return: |
-13.29% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$2,401.72 |
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Years: |
10.00 |
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Date |
Ratio |
08/24/2023 | 1 for 10 |
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