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Video: What is a Stock Split?
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Charah Solutions is a holding company. Through its subsidiaries, Co. is a national service provider of environmental services and byproduct recycling to the power generation industry. Co. provides a suite of remediation and compliance services, byproduct services, raw material sales and Environmental Risk Transfer services. Co. also designs and implements solutions for environmental projects (such as coal ash pond closures) and facilitates coal ash recycling through byproduct marketing and other beneficial use services. Additional service offerings include various aspects of landfill development, construction, and management. According to our CHRA split history records, CHRA has had 1 split. | |
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CHRA (CHRA) has 1 split in our CHRA split history database. The split for CHRA took place on December 30, 2022. This was a 1 for 10 reverse split, meaning for each 10 shares of CHRA owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as CHRA 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 CHRA split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CHRA shares, starting with a $10,000 purchase of CHRA, presented on a split-history-adjusted basis factoring in the complete CHRA split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
06/15/2018 |
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End date: |
04/10/2023 |
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Start price/share: |
$117.00 |
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End price/share: |
$1.96 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.32% |
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Average Annual Total Return: |
-57.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$167.43 |
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Years: |
4.82 |
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Date |
Ratio |
12/30/2022 | 1 for 10 |
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