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Video: What is a Stock Split?
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Empire District Electric is an operating public utility engaged in the generation, purchase, transmission, distribution and sale of electricity in parts of Missouri, Kansas, Oklahoma and Arkansas. Co. operates its businesses in three segments: electric, gas and other. In addition, Co. provides water service to three towns in Missouri. Co.'s subsidiary, The Empire District Gas Company is engaged in the distribution of natural gas in Missouri. Co.'s other segment consists of its fiber optics business. As of Dec 31 2015, Co.'s electric operations and gas operations served approximately 170,000 and 43,200 customers, respectively. As of Dec 31 2015, Co. had 99 fiber customers. According to our EDE split history records, EDE has had 1 split. | |
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EDE (EDE) has 1 split in our EDE split history database. The split for EDE took place on January 30, 1992. This was a 2 for 1
split, meaning for each share of EDE 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 EDE 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 EDE 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 EDE shares, starting with a $10,000 purchase of EDE, presented on a split-history-adjusted basis factoring in the complete EDE split history.

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Date |
Ratio |
01/30/1992 | 2 for 1
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