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 Video: What is a Stock Split?
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| America's Car-Mart is an automotive retailer focused on the Integrated Auto Sales and Finance segment of the used car market. Co.'s operations are principally conducted through its two operating subsidiaries, America's Car Mart, Inc., and Colonial Auto Finance, Inc. Co. primarily sells older model used vehicles and provides financing for substantially all of its customers. Co. purchases vehicles primarily from wholesalers, new car dealers, rental/fleet companies, auctions and the general public. Co. sells a variety of vehicles such as sport utility vehicles, trucks, and sedans. Co. provides financing to substantially all of its customers who purchase a vehicle at one of its dealerships. According to our CRMT split history records, Americas Car-Mart has had 1 split. | |
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Americas Car-Mart (CRMT) has 1 split in our CRMT split history database. The split for CRMT took place on April 15, 2005. This was a 3 for 2 split, meaning for each 2 shares of CRMT 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.
When a company such as Americas Car-Mart 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 CRMT split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Americas Car-Mart shares, starting with a $10,000 purchase of CRMT, presented on a split-history-adjusted basis factoring in the complete CRMT split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$36.19 |
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| End price/share: |
$58.24 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
60.93% |
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| Average Annual Total Return: |
4.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,088.39 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/15/2005 | 3 for 2 |
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