 |
 Video: What is a Stock Split?
|
|
|
| CEC Entertainment develops, operates and franchises family dining and entertainment centers (also referred to as stores) under the name Chuck E. Cheese's. Chuck E. Cheese's stores feature musical and comic entertainment by robotic and animated characters, arcade-style and skill-oriented games, video games, rides and other activities. Co.'s stores provide dining selections consisting of a variety of beverages, pizzas, sandwiches, appetizers, a salad bar, and desserts. As of Dec 30 2012, Co. operated a total of 565 stores, of which 514 stores were located in 44 states and Canada, and its franchisees operated a total of 51 stores located in 15 states and seven foreign countries and territories. According to our CEC split history records, CEC has had 5 splits. | |
|
CEC (CEC) has 5 splits in our CEC split history database. The first split for CEC took place on March 27, 1991. This was a 3 for 2
split, meaning for each 2
shares of CEC 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. CEC's second split took place on March 23, 1992. This was a 3 for 2
split, meaning for each 2
shares of CEC 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. CEC's third split took place on May 23, 1996. This was a 3 for 2
split, meaning for each 2
shares of CEC 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. CEC's 4th split took place on July 26, 1999. This was a 3 for 2
split, meaning for each 2
shares of CEC 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. CEC's 5th split took place on March 16, 2004. This was a 3 for 2 split, meaning for each 2 shares of CEC 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 CEC 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 CEC 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 CEC shares, starting with a $10,000 purchase of CEC, presented on a split-history-adjusted basis factoring in the complete CEC split history.
CEC -- use the split history when considering split-adjusted past price performance. |
|
| Date |
Ratio |
| 03/27/1991 | 3 for 2
| | 03/23/1992 | 3 for 2
| | 05/23/1996 | 3 for 2
| | 07/26/1999 | 3 for 2
| | 03/16/2004 | 3 for 2 |
|
|
Free CEC Email Alerts:
