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 Video: What is a Stock Split?
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| Cresud is an agricultural company engaged in the production of basic agricultural commodities with a presence in the agricultural sector of Brazil, through its investment in Brasilagro-Companhia Brasileira de Propriedades Agr'colas, as well as in other Latin American countries. Co. is involved in several farming activities including grains and sugarcane production and cattle raising. Co. is also directly and indirectly engaged in the real estate business through its subsidiary Inversiones y Representaciones S.A. (IRSA). IRSA is engaged in the development, acquisition and operation of shopping malls, premium offices, and hotels in Argentina. According to our CRESY split history records, Cresud SA Comercial Industrial Financiera Y Agropecuaria Cres has had 4 splits. | |
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Cresud SA Comercial Industrial Financiera Y Agropecuaria Cres (CRESY) has 4 splits in our CRESY split history database. The first split for CRESY took place on December 22, 1998. This was a 10675 for 10000
split, meaning for each 10000
shares of CRESY owned pre-split, the shareholder now owned 10675 shares. For example, a 1000 share position pre-split, became a 1067.5 share position following the split. CRESY's second split took place on November 18, 2009. This was a 10530 for 10000 split, meaning for each 10000 shares of CRESY owned pre-split, the shareholder now owned 10530 shares. For example, a 1067.5 share position pre-split, became a 1124.0775 share position following the split. CRESY's third split took place on December 10, 2014. This was a 1011 for 1000 split, meaning for each 1000 shares of CRESY owned pre-split, the shareholder now owned 1011 shares. For example, a 1124.0775 share position pre-split, became a 1136.4423525 share position following the split. CRESY's 4th split took place on May 10, 2023. This was a 1022 for 1000 split, meaning for each 1000 shares of CRESY owned pre-split, the shareholder now owned 1022 shares. For example, a 1136.4423525 share position pre-split, became a 1161.444084255 share position following the split.
When a company such as Cresud SA Comercial Industrial Financiera Y Agropecuaria Cres 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 CRESY split history from start to finish, an original position size of 1000 shares would have turned into 1161.444084255 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cresud SA Comercial Industrial Financiera Y Agropecuaria Cres shares, starting with a $10,000 purchase of CRESY, presented on a split-history-adjusted basis factoring in the complete CRESY split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/16/2014 |
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| End date: |
12/13/2024 |
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| Start price/share: |
$8.98 |
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| End price/share: |
$13.64 |
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| Starting shares: |
1,113.59 |
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| Ending shares: |
1,336.04 |
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| Dividends reinvested/share: |
$1.67 |
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| Total return: |
82.24% |
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| Average Annual Total Return: |
6.19% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,232.08 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/16/2014 |
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| End date: |
12/13/2024 |
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| Start price/share: |
$8.98 |
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| End price/share: |
$13.64 |
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| Dividends collected/share: |
$1.67 |
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| Total return: |
70.48% |
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| Average Annual Total Return: |
5.48% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,049.09 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 12/22/1998 | 10675 for 10000
| | 11/18/2009 | 10530 for 10000 | | 12/10/2014 | 1011 for 1000 | | 05/10/2023 | 1022 for 1000 |
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