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 Video: What is a Stock Split?
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| Okeanis Eco Tankers is an international tanker company in the crude oil shipping industry. Co. through its subsidiaries engaged in the operation of and investment in tanker vessels. Co. owns, through its vessel-owning subsidiaries, the SPVs, a fleet of fifteen tanker vessels and has two tanker vessels on order. The principal activity of the fifteen single purpose companies is to own, charter out and operate tanker vessels. The sixteenth company is a commercial management company (OET Chartering Inc.), engaged in the provision of commercial shipping services. According to our ECO split history records, Okeanis Eco Tankers has had 1 split. | |
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Okeanis Eco Tankers (ECO) has 1 split in our ECO split history database. The split for ECO took place on July 27, 1987. This was a 2 for 1
split, meaning for each share of ECO 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 Okeanis Eco Tankers 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 ECO 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 Okeanis Eco Tankers shares, starting with a $10,000 purchase of ECO, presented on a split-history-adjusted basis factoring in the complete ECO split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
08/15/2023 |
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| End date: |
07/17/2025 |
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| Start price/share: |
$25.25 |
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| End price/share: |
$22.89 |
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| Starting shares: |
396.04 |
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| Ending shares: |
485.88 |
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| Dividends reinvested/share: |
$5.76 |
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| Total return: |
11.22% |
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| Average Annual Total Return: |
5.68% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,121.03 |
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| Years: |
1.92 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
08/15/2023 |
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| End date: |
07/17/2025 |
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| Start price/share: |
$25.25 |
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| End price/share: |
$22.89 |
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| Dividends collected/share: |
$5.76 |
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| Total return: |
13.47% |
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| Average Annual Total Return: |
6.79% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,346.78 |
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| Years: |
1.92 |
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| Date |
Ratio |
| 07/27/1987 | 2 for 1
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