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 Video: What is a Stock Split?
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| Continental Materials operates primarily within two industry groups: Heating, Ventilation and Air Conditioning, which includes the Heating and Cooling segment that produces and sells gas-fired wall furnaces, console heaters and fan coils, and the Evaporative Cooling segment that produces and sells primarily evaporative coolers; as well as Construction Products, which includes the Concrete, Aggregates and Construction Supplies segment that are provided from numerous locations along the Southern portion of the Front Range of Colorado, and the Door segment that sells hollow metal doors, door frames and related hardware, wood doors, lavatory fixtures and electronic access and security systems. According to our CUO split history records, CUO has had 1 split. | |
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CUO (CUO) has 1 split in our CUO split history database. The split for CUO took place on June 08, 1999. This was a 2 for 1
split, meaning for each share of CUO 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.
When a company such as CUO 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 CUO split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CUO shares, starting with a $10,000 purchase of CUO, presented on a split-history-adjusted basis factoring in the complete CUO split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
05/19/2020 |
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| Start price/share: |
$15.51 |
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| End price/share: |
$8.63 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-44.36% |
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| Average Annual Total Return: |
-9.92% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,562.85 |
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| Years: |
5.61 |
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| Date |
Ratio |
| 06/08/1999 | 2 for 1
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