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Video: What is a Stock Split?
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Consensus Cloud Solutions is a provider of secure information delivery services with a Software-as-a-Service platform. Co.'s small office/home (SoHo) office brands include eFax®, jSign®, MyFax®, Sfax®, Metrofax®, and SRfax®. Co.'s Products and Solutions include eFax Corporate®, which provides digital cloud-fax technology; Unite, which allows the user to choose between several protocols to send and receive healthcare information; jSign, which provides electronic signature and digital signature solutions; and Clarity, which transform unstructured documents into structured actionable data. Co.'s SoHo Fax solutions include eFax®, which is a global online faxing service. According to our CCSI split history records, Consensus Cloud Solutions has had 1 split. | |
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Consensus Cloud Solutions (CCSI) has 1 split in our CCSI split history database. The split for CCSI took place on February 17, 1998. This was a 3 for 2
split, meaning for each 2
shares of CCSI owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Consensus Cloud Solutions 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 CCSI split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Consensus Cloud Solutions shares, starting with a $10,000 purchase of CCSI, presented on a split-history-adjusted basis factoring in the complete CCSI split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/01/2021 |
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End date: |
04/25/2024 |
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Start price/share: |
$45.00 |
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End price/share: |
$12.47 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-72.29% |
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Average Annual Total Return: |
-39.34% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$2,771.30 |
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Years: |
2.57 |
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Date |
Ratio |
02/17/1998 | 3 for 2
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