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 Video: What is a Stock Split?
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| Provides wireless and wireline telecommunications services in the Caribbean and North America. According to our ANK split history records, ANK has had 1 split. | |
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ANK (ANK) has 1 split in our ANK split history database. The split for ANK took place on April 03, 2006. This was a 5 for 2 split, meaning for each 2 shares of ANK owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 2500 share position following the split.
When a company such as ANK 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 ANK split history from start to finish, an original position size of 1000 shares would have turned into 2500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ANK shares, starting with a $10,000 purchase of ANK, presented on a split-history-adjusted basis factoring in the complete ANK split history.
ANK -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 04/03/2006 | 5 for 2 |
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