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 Video: What is a Stock Split?
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| ASV Holdings designs and manufactures a range of compact track loader (CTL) and skid steer loader equipment, marketed through a distribution network in North America, Australia and New Zealand under the ASV brand. Co. also serves as a private label original equipment manufacturer for several manufacturers. Co.'s products are used in the construction, agricultural and forestry industries. As a manufacturer, Co. provides pre- and post-sale dealer support, after-sale technical support and replacement parts supplied from its logistics center. Co. also supplies partial of its assembled undercarriage sets to Caterpillar Inc. for one configuration of Caterpillar's multi-terrain CTL machines. According to our ASV split history records, ASV has had 1 split. | |
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ASV (ASV) has 1 split in our ASV split history database. The split for ASV took place on August 01, 1994. This was a 2 for 1
split, meaning for each share of ASV 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 ASV 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 ASV 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 ASV shares, starting with a $10,000 purchase of ASV, presented on a split-history-adjusted basis factoring in the complete ASV split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/15/2017 |
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| End date: |
09/11/2019 |
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| Start price/share: |
$7.76 |
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| End price/share: |
$7.04 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-9.28% |
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| Average Annual Total Return: |
-4.10% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,072.14 |
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| Years: |
2.33 |
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| Date |
Ratio |
| 08/01/1994 | 2 for 1
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