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Video: What is a Stock Split?
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Color Star Technology is a holding company. Through its subsidiary, Color China Entertainment Limited, Co. is an entertainment and education company which provides online entertainment performances and online music education services. Co. has launched its online platform Color World App. The curriculum development created by Co. includes music, sports, animation, painting and calligraphy, film and television, life skills, etc., covering several aspects of entertainment, sports and culture. The Color World App not only has celebrity lectures, but also celebrity concert videos, celebrity peripheral products, such as celebrity branded merchandise, and artist interactive communication. According to our CSCW split history records, CSCW has had 1 split. | |
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CSCW (CSCW) has 1 split in our CSCW split history database. The split for CSCW took place on September 26, 2022. This was a 1 for 40 reverse split, meaning for each 40 shares of CSCW owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 25 share position following the split.
When a company such as CSCW conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the CSCW split history from start to finish, an original position size of 1000 shares would have turned into 25 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CSCW shares, starting with a $10,000 purchase of CSCW, presented on a split-history-adjusted basis factoring in the complete CSCW split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/28/2014 |
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End date: |
10/31/2022 |
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Start price/share: |
$200.00 |
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End price/share: |
$1.08 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.46% |
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Average Annual Total Return: |
-45.84% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$53.98 |
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Years: |
8.52 |
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Date |
Ratio |
09/26/2022 | 1 for 40 |
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