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Video: What is a Stock Split?
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Trip.com Group is a holding company. Through its subsidiaries, Co. is a travel service provider for hotel accommodations, transportation ticketing services, packaged tours and corporate travel management in China. Co. helps leisure travelers book tour packages and guided tours and help corporate clients manage their travel requirements. In addition, Co. offers a variety of other travel-related services, including but not limited to travelers' reviews, attraction tickets, travel-related financing and car services, and travel insurance and visa services to meet the various booking and travelling needs of both leisure and business travelers. According to our CTRP split history records, CTRP has had 4 splits. | |
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CTRP (CTRP) has 4 splits in our CTRP split history database. The first split for CTRP took place on April 11, 2006. This was a 2 for 1 split, meaning for each share of CTRP 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. CTRP's second split took place on July 31, 2007. This was a 2 for 1 split, meaning for each share of CTRP 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. CTRP's third split took place on January 21, 2010. This was a 2 for 1 split, meaning for each share of CTRP owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. CTRP's 4th split took place on December 02, 2015. This was a 2 for 1 split, meaning for each share of CTRP owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.
When a company such as CTRP 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 CTRP split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CTRP shares, starting with a $10,000 purchase of CTRP, presented on a split-history-adjusted basis factoring in the complete CTRP split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/05/2014 |
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End date: |
11/04/2019 |
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Start price/share: |
$22.46 |
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End price/share: |
$34.93 |
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Dividends collected/share: |
$0.00 |
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Total return: |
55.52% |
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Average Annual Total Return: |
9.40% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,555.35 |
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Years: |
4.92 |
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Date |
Ratio |
04/11/2006 | 2 for 1 | 07/31/2007 | 2 for 1 | 01/21/2010 | 2 for 1 | 12/02/2015 | 2 for 1 |
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