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 Video: What is a Stock Split?
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| Enterprise Bancorp, Inc. operates as the parent holding company of Enterprise Bank and Trust Co. (the Bank). Co. is primarily engaged in the business of gathering deposits from the general public and investing primarily in loans and investment securities. It offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as wealth management and wealth services. The Bank also offers various digital banking capabilities through online and mobile platforms. It specializes in lending to business entities, non-profit organizations, professional practices, and individuals. According to our EBTC split history records, EBTC has had 1 split. | |
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EBTC (EBTC) has 1 split in our EBTC split history database. The split for EBTC took place on July 03, 2006. This was a 2 for 1 split, meaning for each share of EBTC owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as EBTC 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 EBTC split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EBTC shares, starting with a $10,000 purchase of EBTC, presented on a split-history-adjusted basis factoring in the complete EBTC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/20/2016 |
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| End date: |
07/01/2025 |
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| Start price/share: |
$25.32 |
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| End price/share: |
$39.64 |
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| Starting shares: |
394.94 |
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| Ending shares: |
485.61 |
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| Dividends reinvested/share: |
$6.42 |
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| Total return: |
92.50% |
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| Average Annual Total Return: |
7.52% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,254.17 |
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| Years: |
9.04 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/20/2016 |
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| End date: |
07/01/2025 |
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| Start price/share: |
$25.32 |
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| End price/share: |
$39.64 |
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| Dividends collected/share: |
$6.42 |
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| Total return: |
81.91% |
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| Average Annual Total Return: |
6.85% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,196.82 |
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| Years: |
9.04 |
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| Date |
Ratio |
| 07/03/2006 | 2 for 1 |
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