 |
 Video: What is a Stock Split?
|
|
|
| The Company through its wholly-owned subsidiaries owns operates franchises and licenses the Carl's Jr. (r) Hardee's(r) Green Burrito(r) and Red Burritotm concepts. According to our CKR split history records, CKR has had 3 splits. | |
|
CKR (CKR) has 3 splits in our CKR split history database. The first split for CKR took place on January 23, 1997. This was a 3 for 2
split, meaning for each 2
shares of CKR 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. CKR's second split took place on January 15, 1998. This was a 11 for 10
split, meaning for each 10
shares of CKR owned pre-split, the shareholder now owned 11 shares. For example, a 1500 share position pre-split, became a 1650 share position following the split. CKR's third split took place on December 23, 1998. This was a 11 for 10
split, meaning for each 10
shares of CKR owned pre-split, the shareholder now owned 11 shares. For example, a 1650 share position pre-split, became a 1815 share position following the split.
When a company such as CKR 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 CKR split history from start to finish, an original position size of 1000 shares would have turned into 1815 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CKR shares, starting with a $10,000 purchase of CKR, presented on a split-history-adjusted basis factoring in the complete CKR split history.
CKR -- use the split history when considering split-adjusted past price performance. |
|
| Date |
Ratio |
| 01/23/1997 | 3 for 2
| | 01/15/1998 | 11 for 10
| | 12/23/1998 | 11 for 10
|
|
|
Free CKR Email Alerts:
