 |
 Video: What is a Stock Split?
|
|
|
| Celadon Group provides truckload freight transportation. Co. has three segments: asset-based, asset-light, and equipment leasing and services. Co.'s primary asset based services include U.S. domestic dry van, refrigerated, and flatbed service; cross-border service between the U.S. and each of Mexico and Canada; intra-Mexico and intra-Canada service; dedicated contract service; regional short haul service; and rail intermodal service. In addition, Co.'s primary asset light services include freight brokerage, warehousing, less-than truckload consolidation, and supply chain logistics services, while its primary equipment leasing and services include tractor and trailer sales and leasing. According to our CGI split history records, CGI has had 1 split. | |
|
CGI (CGI) has 1 split in our CGI split history database. The split for CGI took place on June 12, 2006. This was a 2 for 1 split, meaning for each share of CGI owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as CGI 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 CGI split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CGI shares, starting with a $10,000 purchase of CGI, presented on a split-history-adjusted basis factoring in the complete CGI split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
04/03/2018 |
|
| Start price/share: |
$24.31 |
|
| End price/share: |
$3.45 |
|
| Starting shares: |
411.35 |
|
| Ending shares: |
420.02 |
|
| Dividends reinvested/share: |
$0.24 |
|
| Total return: |
-85.51% |
|
| Average Annual Total Return: |
-38.67% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$1,449.31 |
|
| Years: |
3.95 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
04/03/2018 |
|
| Start price/share: |
$24.31 |
|
| End price/share: |
$3.45 |
|
| Dividends collected/share: |
$0.24 |
|
| Total return: |
-84.82% |
|
| Average Annual Total Return: |
-37.95% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$1,517.71 |
|
| Years: |
3.95 |
|
|
|
| Date |
Ratio |
| 06/12/2006 | 2 for 1 |
|
|
Free CGI Email Alerts:
