 |
 Video: What is a Stock Split?
|
|
|
| ENI engages in producing and selling energy products and services to worldwide markets. Co.'s segments include: Exploration and Production, which engages in oil and natural gas exploration and field development and production, as well as in Liquefied Natural Gas (LNG) operations, in various countries; Global Gas and LNG Portfolio, which engages in the wholesale activity of supplying and selling natural gas via pipeline and LNG, and the international transport activity; and Refining and Marketing and Chemicals, which engages in the manufacturing, supply and distribution and marketing activities of oil products and chemical products and in trading activities. According to our E split history records, ENI S.p.A. has had 1 split. | |
|
ENI S.p.A. (E) has 1 split in our E split history database. The split for E took place on January 10, 2006. This was a 5 for 2 split, meaning for each 2 shares of E owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 2500 share position following the split.
When a company such as ENI S.p.A. 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 E split history from start to finish, an original position size of 1000 shares would have turned into 2500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ENI S.p.A. shares, starting with a $10,000 purchase of E, presented on a split-history-adjusted basis factoring in the complete E split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/01/2013 |
|
| End date: |
09/27/2023 |
|
| Start price/share: |
$46.59 |
|
| End price/share: |
$32.50 |
|
| Starting shares: |
214.64 |
|
| Ending shares: |
375.27 |
|
| Dividends reinvested/share: |
$17.44 |
|
| Total return: |
21.96% |
|
| Average Annual Total Return: |
2.01% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$12,200.57 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/01/2013 |
|
| End date: |
09/27/2023 |
|
| Start price/share: |
$46.59 |
|
| End price/share: |
$32.50 |
|
| Dividends collected/share: |
$17.44 |
|
| Total return: |
7.18% |
|
| Average Annual Total Return: |
0.70% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$10,722.06 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 01/10/2006 | 5 for 2 |
|
|
Free E Email Alerts:
