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 Video: What is a Stock Split?
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| Mercurity Fintech Holding Inc is a China-based holding company principally involved in the provision of digital asset infrastructure solutions services based on blockchain technologies. Co. provides services including comprehensive solutions in connection with digital asset transactions, platform-based products, such as transaction facilitation system, trading system, account management system, operation management system and mobile applications, as well as supplemental services, such as customized software development services, maintenance services and compliance support services. Co. conducts its businesses in British Virgin Islands. According to our CD split history records, Chaince Digital Holdings has had 5 splits. | |
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Chaince Digital 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 Chaince Digital 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 Chaince Digital 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: |
01/20/2016 |
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| End date: |
01/16/2026 |
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| Start price/share: |
$4.68 |
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| End price/share: |
$5.11 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
9.19% |
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| Average Annual Total Return: |
0.88% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,915.42 |
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| Years: |
10.00 |
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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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