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 Video: What is a Stock Split?
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| America Movil provides telecommunications services. These telecommunications services include mobile and fixed-line voice services, wireless and fixed data services, internet access and Pay TV and other related services. Co. also sells equipment, accessories and computers. Voice services provided by Co., both wireless and fixed, mainly include the following: airtime, local, domestic and international long-distance services, and network interconnection services. Data services include corporate networks, data and Internet services. Pay TV represents basic services, as well as pay per view and additional programming and advertising services. According to our AMX split history records, America Movil SAB de CV has had 2 splits. | |
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America Movil SAB de CV (AMX) has 2 splits in our AMX split history database. The first split for AMX took place on July 21, 2005. This was a 3 for 1 split, meaning for each share of AMX owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. AMX's second split took place on July 01, 2011. This was a 2 for 1 split, meaning for each share of AMX owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as America Movil SAB de CV 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 AMX split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into America Movil SAB de CV shares, starting with a $10,000 purchase of AMX, presented on a split-history-adjusted basis factoring in the complete AMX split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/01/2013 |
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| End date: |
09/27/2023 |
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| Start price/share: |
$20.37 |
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| End price/share: |
$16.85 |
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| Starting shares: |
490.92 |
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| Ending shares: |
620.93 |
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| Dividends reinvested/share: |
$3.98 |
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| Total return: |
4.63% |
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| Average Annual Total Return: |
0.45% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,458.97 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/01/2013 |
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| End date: |
09/27/2023 |
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| Start price/share: |
$20.37 |
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| End price/share: |
$16.85 |
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| Dividends collected/share: |
$3.98 |
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| Total return: |
2.26% |
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| Average Annual Total Return: |
0.22% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,222.07 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 07/21/2005 | 3 for 1 | | 07/01/2011 | 2 for 1 |
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