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 Video: What is a Stock Split?
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| Exceed designs, develops and wholesales footwear, apparel and accessories under the (Xidelong) brand name and the logo. Co. has three principal categories of products: Footwear, which mainly comprises running, leisure, basketball, skateboarding, canvas, tennis and outdoor footwear; Apparel, which mainly comprises sports tops, pants, jackets, track suits and coats; and Accessories, which mainly comprise bags, socks, hats and caps. Co. maintains nine production lines, each with a designed capacity of approximately one million pairs of footwear per year. Co. has 21 distributors operating 3,080 Xidelong retail selling locations located in 30 provinces and municipalities in China. According to our EDS split history records, EDS has had 3 splits. | |
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EDS (EDS) has 3 splits in our EDS split history database. The first split for EDS took place on June 10, 1985. This was a 2 for 1
split, meaning for each share of EDS 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. EDS's second split took place on March 08, 1990. This was a 2 for 1
split, meaning for each share of EDS owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. EDS's third split took place on March 09, 1992. This was a 2 for 1
split, meaning for each share of EDS owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as EDS 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 EDS split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EDS shares, starting with a $10,000 purchase of EDS, presented on a split-history-adjusted basis factoring in the complete EDS split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
06/08/2015 |
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| Start price/share: |
$1.65 |
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| End price/share: |
$1.65 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
0.00% |
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| Annualized Gain: |
0.00% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,000.00 |
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| Years: |
0.72 |
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| Date |
Ratio |
| 06/10/1985 | 2 for 1
| | 03/08/1990 | 2 for 1
| | 03/09/1992 | 2 for 1
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