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 Video: What is a Stock Split?
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| Collective Mining is a capital-pool company. Co.'s principal business is to identify and evaluate potential acquisitions of businesses, and once identified and evaluated, to negotiate an acquisition thereof or participation therein subject to receipt of regulatory and, if required, shareholders' approval. According to our CNL split history records, Collective Mining has had 2 splits. | |
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Collective Mining (CNL) has 2 splits in our CNL split history database. The first split for CNL took place on May 26, 1992. This was a 2 for 1
split, meaning for each share of CNL 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. CNL's second split took place on May 22, 2001. This was a 2 for 1 split, meaning for each share of CNL owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Collective Mining 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 CNL split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Collective Mining shares, starting with a $10,000 purchase of CNL, presented on a split-history-adjusted basis factoring in the complete CNL split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/22/2024 |
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| End date: |
05/19/2025 |
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| Start price/share: |
$2.77 |
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| End price/share: |
$9.52 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
243.68% |
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| Annualized Gain: |
295.50% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$34,368.00 |
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| Years: |
0.82 |
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| Date |
Ratio |
| 05/26/1992 | 2 for 1
| | 05/22/2001 | 2 for 1 |
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