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 Video: What is a Stock Split?
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| Chindata Group Holdings is a holding company. Through its subsidiaries, Co. is is principally engaged in the provision of internet data center colocation and rental services in Asia-Pacific emerging markets. Co.'s data centers are used by its clients to analyze, manage and store their data, business systems and processes. Co.'s data centers are located at main locations where energy, connectivity and clients' business demand intersect, typically surrounding metropolitan areas such as Beijing, Shanghai, Shenzhen, Kuala Lumpur and Mumbai. Co. provides end-to-end project management and operations by utilizing its in-house planning, design, construction, and maintenance capabilities. According to our CD split history records, Chindata Group Holdings has had 5 splits. | |
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Chindata Group Holdings (CD) has 5 splits in our CD split history database. The first split for CD took place on March 01, 1991. This was a 3 for 2
split, meaning for each 2
shares of CD 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. CD's second split took place on July 06, 1992. This was a 3 for 2
split, meaning for each 2
shares of CD owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. CD's third split took place on May 03, 1993. This was a 3 for 2
split, meaning for each 2
shares of CD owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. CD's 4th split took place on July 03, 1995. This was a 3 for 2
split, meaning for each 2
shares of CD owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split. CD's 5th split took place on October 22, 1996. This was a 3 for 2
split, meaning for each 2
shares of CD owned pre-split, the shareholder now owned 3 shares. For example, a 5062.5 share position pre-split, became a 7593.75 share position following the split.
When a company such as Chindata Group Holdings 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 CD split history from start to finish, an original position size of 1000 shares would have turned into 7593.75 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Chindata Group Holdings shares, starting with a $10,000 purchase of CD, presented on a split-history-adjusted basis factoring in the complete CD split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/01/2020 |
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| End date: |
03/29/2023 |
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| Start price/share: |
$13.90 |
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| End price/share: |
$6.61 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-52.45% |
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| Average Annual Total Return: |
-25.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$4,756.12 |
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| Years: |
2.49 |
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| Date |
Ratio |
| 03/01/1991 | 3 for 2
| | 07/06/1992 | 3 for 2
| | 05/03/1993 | 3 for 2
| | 07/03/1995 | 3 for 2
| | 10/22/1996 | 3 for 2
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