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 Video: What is a Stock Split?
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| Amira Nature Foods is a global provider of packaged Indian specialty rice, with sales in over 60 countries. Co. is predominately engaged in the sale of Basmati rice, a premium long-grain rice grown only in certain regions of the Indian sub-continent, under its flagship Amira brand as well as under other third party brands. Co. sells its products, primarily in emerging markets, through a broad distribution network, in more than 40 countries. Co. sells its Amira branded products to Indian retailers such as ASDA, Bharti Big Bazaar, Carrefour, Costco, easyday, EDEKA, HEB, Jetro Restaurant Depot, Kaufland, Metro Cash & Carry, Morrison's, Publix, REWE, Spencer's, Tesco and Waitrose. According to our ANFI split history records, ANFI has had 2 splits. | |
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ANFI (ANFI) has 2 splits in our ANFI split history database. The first split for ANFI took place on June 05, 2001. This was a 11 for 10 split, meaning for each 10 shares of ANFI owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. ANFI's second split took place on July 19, 2002. This was a 5 for 4 split, meaning for each 4 shares of ANFI owned pre-split, the shareholder now owned 5 shares. For example, a 1100 share position pre-split, became a 1375 share position following the split.
When a company such as ANFI 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 ANFI split history from start to finish, an original position size of 1000 shares would have turned into 1375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ANFI shares, starting with a $10,000 purchase of ANFI, presented on a split-history-adjusted basis factoring in the complete ANFI split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
12/19/2019 |
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| Start price/share: |
$14.42 |
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| End price/share: |
$0.40 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-97.23% |
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| Average Annual Total Return: |
-49.85% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$277.36 |
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| Years: |
5.19 |
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| Date |
Ratio |
| 06/05/2001 | 11 for 10 | | 07/19/2002 | 5 for 4 |
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