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Video: What is a Stock Split?
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Executive Network Partnering is a newly organized company formed for the purpose of identifying a company to partner with in order to effectuate a merger, share exchange, asset acquisition, share purchase, reorganization or similar partnering transaction with one or more businesses. According to our ENPC split history records, ENPC has had 1 split. | |
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ENPC (ENPC) has 1 split in our ENPC split history database. The split for ENPC took place on March 26, 2021. This was a 2499 for 1000 split, meaning for each 1000 shares of ENPC owned pre-split, the shareholder now owned 2499 shares. For example, a 1000 share position pre-split, became a 2499 share position following the split.
When a company such as ENPC 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 ENPC split history from start to finish, an original position size of 1000 shares would have turned into 2499 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ENPC shares, starting with a $10,000 purchase of ENPC, presented on a split-history-adjusted basis factoring in the complete ENPC split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/09/2020 |
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End date: |
10/24/2022 |
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Start price/share: |
$9.68 |
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End price/share: |
$9.25 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-4.44% |
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Average Annual Total Return: |
-2.30% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,555.64 |
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Years: |
1.95 |
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Date |
Ratio |
03/26/2021 | 2499 for 1000 |
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