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 Video: What is a Stock Split?
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| A-Mark Precious Metals is a precious metals platform. Co. operates as a wholesaler of gold, silver, platinum, and palladium bullion and related products, including bars, wafers, grain, and coins; distributes gold and silver coins and bars from sovereign and private mints; sells to and purchases from the retail community; provides financing and other services relating to the purchase and sale of bullion and numismatics; provides secure storage for precious metal products; provides its customers a platform of logistics services; and provides a variety of custom fabricated gold and silver bullion and other products through sovereign and private mint suppliers and its mint operations. According to our AMRK split history records, A-Mark Precious Metals has had 1 split. | |
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A-Mark Precious Metals (AMRK) has 1 split in our AMRK split history database. The split for AMRK took place on June 07, 2022. This was a 2 for 1 split, meaning for each share of AMRK 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 A-Mark Precious Metals 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 AMRK 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 A-Mark Precious Metals shares, starting with a $10,000 purchase of AMRK, presented on a split-history-adjusted basis factoring in the complete AMRK split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
03/18/2014 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$7.13 |
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| End price/share: |
$35.51 |
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| Starting shares: |
1,402.52 |
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| Ending shares: |
1,716.00 |
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| Dividends reinvested/share: |
$3.54 |
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| Total return: |
509.35% |
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| Average Annual Total Return: |
21.72% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$60,934.34 |
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| Years: |
9.19 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
03/18/2014 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$7.13 |
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| End price/share: |
$35.51 |
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| Dividends collected/share: |
$3.54 |
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| Total return: |
447.69% |
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| Average Annual Total Return: |
20.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$54,785.77 |
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| Years: |
9.19 |
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| Date |
Ratio |
| 06/07/2022 | 2 for 1 |
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