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Video: What is a Stock Split?
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Neuralstem is a clinical stage biopharmaceutical company that is utilizing its proprietary human neural stem cell technology to create a platform of therapies for the treatment of central nervous system diseases. Co.'s technology platform has produced four key assets, two in clinical development and two in preclinical development: its NSI-566 stem cell therapy program (clinical stage) for treatment of paralysis, NSI-189 small molecule program (clinical stage) for Major Depressive Disorder and NSI-532 for Alzheimer's Disease and NSI-577 indicated for potential use in treatment of human demyelinating diseases, both of which are second-generation stem cell therapy programs (preclinical stage). According to our CUR split history records, CUR has had 2 splits. | |
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CUR (CUR) has 2 splits in our CUR split history database. The first split for CUR took place on January 09, 2017. This was a 1 for 13 reverse split, meaning for each 13 shares of CUR owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 76.9230769230769 share position following the split. CUR's second split took place on July 18, 2019. This was a 1 for 20 reverse split, meaning for each 20 shares of CUR owned pre-split, the shareholder now owned 1 share. For example, a 76.9230769230769 share position pre-split, became a 3.84615384615385 share position following the split.
When a company such as CUR 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 CUR split history from start to finish, an original position size of 1000 shares would have turned into 3.84615384615385 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CUR shares, starting with a $10,000 purchase of CUR, presented on a split-history-adjusted basis factoring in the complete CUR 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: |
10/31/2019 |
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Start price/share: |
$993.20 |
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End price/share: |
$1.52 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.85% |
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Average Annual Total Return: |
-69.15% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15.30 |
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Years: |
5.51 |
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Date |
Ratio |
01/09/2017 | 1 for 13 | 07/18/2019 | 1 for 20 |
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