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Video: What is a Stock Split?
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DSS operates several business lines around the globe with primary operations in North America and Asia. The divisions include: Product Packaging, which markets, manufactures, and sells custom folding cartons, mailers, photo sleeves and three-dimensional direct mail solutions; Biotechnology, which invests in or acquire companies in the BioHealth and BioMedical fields, including businesses focused on the development of drug discovery and prevention, inhibition, and treatment of neurological, oncological, and immune related diseases; and Direct Marketing, which engages in marketing and distributing its products and services through its subsidiary and partner network. According to our DSS split history records, DSS has had 4 splits. | |
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DSS (DSS) has 4 splits in our DSS split history database. The first split for DSS took place on August 26, 2016. This was a 1 for 4 reverse split, meaning for each 4 shares of DSS owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 250 share position following the split. DSS's second split took place on May 08, 2020. This was a 1 for 30 reverse split, meaning for each 30 shares of DSS owned pre-split, the shareholder now owned 1 share. For example, a 250 share position pre-split, became a 8.33333333333333 share position following the split. DSS's third split took place on April 27, 2023. This was a 1077 for 1000 split, meaning for each 1000 shares of DSS owned pre-split, the shareholder now owned 1077 shares. For example, a 8.33333333333333 share position pre-split, became a 8.975 share position following the split. DSS's 4th split took place on January 05, 2024. This was a 1 for 20 reverse split, meaning for each 20 shares of DSS owned pre-split, the shareholder now owned 1 share. For example, a 8.975 share position pre-split, became a 0.44875 share position following the split.
When a company such as DSS 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. When a company such as DSS 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 DSS split history from start to finish, an original position size of 1000 shares would have turned into 0.44875 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DSS shares, starting with a $10,000 purchase of DSS, presented on a split-history-adjusted basis factoring in the complete DSS 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: |
04/24/2024 |
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Start price/share: |
$2,852.40 |
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End price/share: |
$1.80 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.94% |
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Average Annual Total Return: |
-52.15% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6.31 |
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Years: |
10.00 |
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Date |
Ratio |
08/26/2016 | 1 for 4 | 05/08/2020 | 1 for 30 | 04/27/2023 | 1077 for 1000 | 01/05/2024 | 1 for 20 |
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