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 Video: What is a Stock Split?
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| AssetMark Financial is a holding company. Through its subsidiaries, Co. provides wealth management and technology solutions that power financial advisers and their clients. Co.'s platform enables advisers to outsource services that would otherwise require investments of time and money - helping to level the playing field for independent financial advisers of all sizes. Co. provides an end-to-end experience, spanning nearly all elements of an adviser's engagement with his or her client - from initial conversations to ongoing financial planning discussions. Co.'s platform include: technology platform; adviser service; investment platform; and financial planning technology. According to our AMK split history records, Assetmark Financial HO has had 1 split. | |
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Assetmark Financial HO (AMK) has 1 split in our AMK split history database. The split for AMK took place on May 16, 2000. This was a 2 for 1
split, meaning for each share of AMK 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.
When a company such as Assetmark Financial HO 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 AMK split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Assetmark Financial HO shares, starting with a $10,000 purchase of AMK, presented on a split-history-adjusted basis factoring in the complete AMK split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/19/2019 |
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| End date: |
09/04/2024 |
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| Start price/share: |
$27.25 |
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| End price/share: |
$35.24 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
29.32% |
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| Average Annual Total Return: |
5.14% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,934.87 |
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| Years: |
5.13 |
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| Date |
Ratio |
| 05/16/2000 | 2 for 1
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