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 Video: What is a Stock Split?
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| Apollo Education Group is a private education provider. Co. provides undergraduate, graduate, certificate and nondegree educational programs and services, online and on-campus, principally to working adults in the U.S. and abroad through: University of Phoenix, a private university in the U.S. that provides undergraduate and graduate degrees as well as nondegree education programs; Apollo Global, which serves its learners through BPP Holdings Limited, Open Colleges Australia Pty Ltd, among others; as well as Other, which include The College for Financial Planning Institutes Corporation, Western International University, Inc., TIY Academy, LLC, and Apollo Professional Development. According to our APOL split history records, APOL has had 7 splits. | |
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APOL (APOL) has 7 splits in our APOL split history database. The first split for APOL took place on May 01, 1995. This was a 4 for 3
split, meaning for each 3
shares of APOL owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 1333.33333333333 share position following the split. APOL's second split took place on September 25, 1995. This was a 3 for 2
split, meaning for each 2
shares of APOL owned pre-split, the shareholder now owned 3 shares. For example, a 1333.33333333333 share position pre-split, became a 2000 share position following the split. APOL's third split took place on March 01, 1996. This was a 3 for 2
split, meaning for each 2
shares of APOL owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. APOL's 4th split took place on June 03, 1996. This was a 3 for 2
split, meaning for each 2
shares of APOL owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 4500 share position following the split. APOL's 5th split took place on April 28, 1998. This was a 3 for 2
split, meaning for each 2
shares of APOL owned pre-split, the shareholder now owned 3 shares. For example, a 4500 share position pre-split, became a 6750 share position following the split. APOL's 6th split took place on February 06, 2001. This was a 3 for 2 split, meaning for each 2 shares of APOL owned pre-split, the shareholder now owned 3 shares. For example, a 6750 share position pre-split, became a 10125 share position following the split. APOL's 7th split took place on April 26, 2002. This was a 3 for 2 split, meaning for each 2 shares of APOL owned pre-split, the shareholder now owned 3 shares. For example, a 10125 share position pre-split, became a 15187.5 share position following the split.
When a company such as APOL 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 APOL split history from start to finish, an original position size of 1000 shares would have turned into 15187.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into APOL shares, starting with a $10,000 purchase of APOL, presented on a split-history-adjusted basis factoring in the complete APOL split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
02/01/2017 |
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| Start price/share: |
$25.23 |
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| End price/share: |
$9.99 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-60.40% |
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| Average Annual Total Return: |
-32.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,958.92 |
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| Years: |
2.32 |
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| Date |
Ratio |
| 05/01/1995 | 4 for 3
| | 09/25/1995 | 3 for 2
| | 03/01/1996 | 3 for 2
| | 06/03/1996 | 3 for 2
| | 04/28/1998 | 3 for 2
| | 02/06/2001 | 3 for 2 | | 04/26/2002 | 3 for 2 |
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