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 Video: What is a Stock Split?
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| Reed Elsevier is a provider of information solutions for professional customers across industries. Co. operates in four market segments: Scientific, Technical & Medical, providing information and tools to help its customers improve scientific and healthcare outcomes; Risk & Business Information, providing data services and tools that combine proprietary, public and third-party information, with technology and analytics to business and government customers; Legal, providing legal, tax, regulatory news and business information to legal, corporate, government and academic markets; and Exhibitions, organizing exhibitions and conferences. According to our ENL split history records, ENL has had 1 split. | |
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ENL (ENL) has 1 split in our ENL split history database. The split for ENL took place on July 01, 2015. This was a 3075 for 1000 split, meaning for each 1000 shares of ENL owned pre-split, the shareholder now owned 3075 shares. For example, a 1000 share position pre-split, became a 3075 share position following the split.
When a company such as ENL 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 ENL split history from start to finish, an original position size of 1000 shares would have turned into 3075 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ENL shares, starting with a $10,000 purchase of ENL, presented on a split-history-adjusted basis factoring in the complete ENL split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/02/2013 |
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| End date: |
07/01/2015 |
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| Start price/share: |
$11.18 |
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| End price/share: |
$15.81 |
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| Starting shares: |
894.45 |
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| Ending shares: |
978.98 |
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| Dividends reinvested/share: |
$1.18 |
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| Total return: |
54.78% |
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| Average Annual Total Return: |
21.46% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,476.96 |
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| Years: |
2.25 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/02/2013 |
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| End date: |
07/01/2015 |
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| Start price/share: |
$11.18 |
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| End price/share: |
$15.81 |
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| Dividends collected/share: |
$1.18 |
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| Total return: |
52.01% |
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| Average Annual Total Return: |
20.49% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,200.66 |
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| Years: |
2.25 |
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| Date |
Ratio |
| 07/01/2015 | 3075 for 1000 |
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