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Video: What is a Stock Split?
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Community Health Systems is a holding company. Through its subsidiaries, Co. operates general acute care hospitals and outpatient facilities in communities across the country. Co. healthcare services through the hospitals and outpatient facilities that it owns and operates in generally larger non-urban markets and selected urban markets throughout the U.S. Co. provides range of general and hospital healthcare services and outpatient services to patients. Services provided through Co.'s hospitals and outpatient facilities include general acute care, emergency room, general and other surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation 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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$32.30 |
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End price/share: |
$3.50 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-89.16% |
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Average Annual Total Return: |
-19.93% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,083.83 |
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Years: |
10.00 |
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Date |
Ratio |
04/22/2016 | 121 for 100 |
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