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 Video: What is a Stock Split?
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| Community Health Systems, Inc. is a healthcare company. Co., through its subsidiaries, owns or leases over 69 affiliated hospitals with more than 10,856 beds and operates more than 1,000 sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers. Co., through its affiliates, provides healthcare services, develops and operates healthcare delivery systems in 39 distinct markets across 15 states. Its hospitals and other sites of care offer a variety of inpatient and outpatient medical and surgical services. According to our CYH split history records, Community Health Systems has had 1 split. | |
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Community Health Systems (CYH) has 1 split in our CYH split history database. The split for CYH took place on April 22, 2016. This was a 121 for 100 split, meaning for each 100 shares of CYH owned pre-split, the shareholder now owned 121 shares. For example, a 1000 share position pre-split, became a 1210 share position following the split.
When a company such as Community Health Systems 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 CYH split history from start to finish, an original position size of 1000 shares would have turned into 1210 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Community Health Systems shares, starting with a $10,000 purchase of CYH, presented on a split-history-adjusted basis factoring in the complete CYH split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
11/20/2015 |
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| End date: |
11/18/2025 |
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| Start price/share: |
$22.51 |
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| End price/share: |
$2.92 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-87.03% |
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| Average Annual Total Return: |
-18.47% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,296.97 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/22/2016 | 121 for 100 |
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