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Video: What is a Stock Split?
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China Green Agriculture, Inc. is engaged in the research, development, production and sale of various types of fertilizers and agricultural products in the People's Republic of China (PRC) through its Chinese subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (Jinong) and Beijing Gufeng Chemical Products Co., Ltd. (Gufeng), and its variable interest entity (VIE), Xi'an Hu County Yuxing Agriculture Technology Development Co., Ltd. (Yuxing). Co.'s segments include Jinong (fertilizer production), Gufeng (fertilizer production) and Yuxing (agricultural products production). According to our CGA split history records, CGA has had 1 split. | |
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CGA (CGA) has 1 split in our CGA split history database. The split for CGA took place on June 28, 2019. This was a 1 for 12 reverse split, meaning for each 12 shares of CGA owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 83.3333333333333 share position following the split.
When a company such as CGA conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the CGA split history from start to finish, an original position size of 1000 shares would have turned into 83.3333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CGA shares, starting with a $10,000 purchase of CGA, presented on a split-history-adjusted basis factoring in the complete CGA split history.

Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/01/2015 |
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End date: |
11/25/2024 |
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Start price/share: |
$25.68 |
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End price/share: |
$1.98 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-92.29% |
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Average Annual Total Return: |
-23.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$771.49 |
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Years: |
9.58 |
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Date |
Ratio |
06/28/2019 | 1 for 12 |
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