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 Video: What is a Stock Split?
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| EMC develops, delivers and supports the Information Technology industry's range of information infrastructure and virtual infrastructure technologies, applications and services. Co. has three businesses: EMC Information Infrastructure, which comprises the Information Storage, Enterprise Content Division and RSA Information Security segments; VMware Virtual Infrastructure, which develops and markets its product and service within three product groups: Software-Defined Data Center, Hybrid Cloud Computing and End-User Computing; as well as Pivotal, which unites strategic technology, people and programs from Co. and VMware, Inc. According to our EMC split history records, Global X Funds Global X Emerging Markets Great Con has had 6 splits. | |
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Global X Funds Global X Emerging Markets Great Con (EMC) has 6 splits in our EMC split history database. The first split for EMC took place on November 25, 1992. This was a 3 for 2
split, meaning for each 2
shares of EMC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. EMC's second split took place on June 08, 1993. This was a 2 for 1
split, meaning for each share of EMC owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. EMC's third split took place on December 13, 1993. This was a 2 for 1
split, meaning for each share of EMC owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. EMC's 4th split took place on November 18, 1997. This was a 2 for 1
split, meaning for each share of EMC owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. EMC's 5th split took place on June 01, 1999. This was a 2 for 1
split, meaning for each share of EMC owned pre-split, the shareholder now owned 2 shares. For example, a 12000 share position pre-split, became a 24000 share position following the split. EMC's 6th split took place on June 05, 2000. This was a 2 for 1
split, meaning for each share of EMC owned pre-split, the shareholder now owned 2 shares. For example, a 24000 share position pre-split, became a 48000 share position following the split.
When a company such as Global X Funds Global X Emerging Markets Great Con 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 EMC split history from start to finish, an original position size of 1000 shares would have turned into 48000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Global X Funds Global X Emerging Markets Great Con shares, starting with a $10,000 purchase of EMC, presented on a split-history-adjusted basis factoring in the complete EMC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/15/2023 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$25.15 |
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| End price/share: |
$25.12 |
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| Starting shares: |
397.61 |
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| Ending shares: |
401.15 |
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| Dividends reinvested/share: |
$0.23 |
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| Total return: |
0.77% |
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| Annualized Gain: |
0.83% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,077.00 |
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| Years: |
0.93 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/15/2023 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$25.15 |
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| End price/share: |
$25.12 |
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| Dividends collected/share: |
$0.23 |
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| Total return: |
0.78% |
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| Annualized Gain: |
0.84% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,078.00 |
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| Years: |
0.93 |
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| Date |
Ratio |
| 11/25/1992 | 3 for 2
| | 06/08/1993 | 2 for 1
| | 12/13/1993 | 2 for 1
| | 11/18/1997 | 2 for 1
| | 06/01/1999 | 2 for 1
| | 06/05/2000 | 2 for 1
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