 |
 Video: What is a Stock Split?
|
|
|
| Global Cord Blood is a holding company. Through its subsidiaries, Co. provides cord blood banking services. Co. provides cord blood processing and storage services for expectant parents interested in capturing the opportunities made available by evolving medical treatments and technologies. Co. also preserves cord blood units donated by the public, provides matching services on such donated units and delivers matching units to patients in need of transplants. Co.'s cord blood banking operations consist of its subscription services, which involve the preservation of cord blood for the newborn as a precautionary healthcare measure for the benefit of the children and other family members. According to our CO split history records, CO has had 1 split. | |
|
CO (CO) has 1 split in our CO split history database. The split for CO took place on June 22, 1998. This was a 5 for 4
split, meaning for each 4
shares of CO owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split.
When a company such as CO 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 CO split history from start to finish, an original position size of 1000 shares would have turned into 1250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CO shares, starting with a $10,000 purchase of CO, presented on a split-history-adjusted basis factoring in the complete CO split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/10/2014 |
|
| End date: |
06/07/2023 |
|
| Start price/share: |
$4.91 |
|
| End price/share: |
$2.99 |
|
| Starting shares: |
2,036.66 |
|
| Ending shares: |
2,057.03 |
|
| Dividends reinvested/share: |
$0.08 |
|
| Total return: |
-38.49% |
|
| Average Annual Total Return: |
-5.46% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$6,148.34 |
|
| Years: |
8.66 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/10/2014 |
|
| End date: |
06/07/2023 |
|
| Start price/share: |
$4.91 |
|
| End price/share: |
$2.99 |
|
| Dividends collected/share: |
$0.08 |
|
| Total return: |
-37.47% |
|
| Average Annual Total Return: |
-5.28% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$6,250.49 |
|
| Years: |
8.66 |
|
|
|
| Date |
Ratio |
| 06/22/1998 | 5 for 4
|
|
|
Free CO Email Alerts:
