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Video: What is a Stock Split?
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Enel Americas is engaged in the electricity generation, transmission and distribution businesses in Argentina, Brazil, Colombia and Peru. Co. participates in the generation and transmission businesses mainly through its subsidiaries Costanera, Dock Sud and El Chocon in Argentina, Cachoeira Dourada, Fortaleza, EGP Volta Grande, Enel Distribution Sao Paulo and Cien in Brazil, Emgesa in Colombia, and Enel Generation Peru and Enel Generation Piura in Peru. In the distribution business, Co.'s principal subsidiaries are Edesur in Argentina, Enel Distribution Ceara, Enel Distribution Rio and Enel Distribution Goias in Brazil, Codensa in Colombia and Enel Distribution Peru in Peru. According to our ENIA split history records, ENIA has had 1 split. | |
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ENIA (ENIA) has 1 split in our ENIA split history database. The split for ENIA took place on April 27, 2016. This was a 1854 for 1000 split, meaning for each 1000 shares of ENIA owned pre-split, the shareholder now owned 1854 shares. For example, a 1000 share position pre-split, became a 1854 share position following the split.
When a company such as ENIA 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 ENIA split history from start to finish, an original position size of 1000 shares would have turned into 1854 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ENIA shares, starting with a $10,000 purchase of ENIA, presented on a split-history-adjusted basis factoring in the complete ENIA split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/20/2014 |
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End date: |
06/17/2022 |
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Start price/share: |
$7.62 |
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End price/share: |
$4.81 |
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Starting shares: |
1,312.34 |
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Ending shares: |
1,786.40 |
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Dividends reinvested/share: |
$2.60 |
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Total return: |
-14.07% |
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Average Annual Total Return: |
-1.82% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$8,594.00 |
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Years: |
8.25 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/20/2014 |
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End date: |
06/17/2022 |
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Start price/share: |
$7.62 |
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End price/share: |
$4.81 |
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Dividends collected/share: |
$2.60 |
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Total return: |
-2.76% |
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Average Annual Total Return: |
-0.34% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,722.96 |
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Years: |
8.25 |
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Date |
Ratio |
04/27/2016 | 1854 for 1000 |
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