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Video: What is a Stock Split?
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Enel Generacion Chile is engaged in the electricity generation, transporting, producing and distributing in Chile. Co.'s purpose also includes investing in financial assets, developing projects, carrying out activities in the energy industry and in other fields in which electrical energy is essential and participating in public civil or hydraulic infrastructure concessions, in which it may participate directly or through subsidiaries or associate companies in Chile or abroad. As of Dec 31 2016, Co. owns and operates 111 generation units in Chile with an aggregate installed capacity of 6,351 MW. According to our EOCC split history records, EOCC has had 1 split. | |
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EOCC (EOCC) has 1 split in our EOCC split history database. The split for EOCC took place on April 27, 2016. This was a 1445 for 1000 split, meaning for each 1000 shares of EOCC owned pre-split, the shareholder now owned 1445 shares. For example, a 1000 share position pre-split, became a 1445 share position following the split.
When a company such as EOCC 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 EOCC split history from start to finish, an original position size of 1000 shares would have turned into 1445 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EOCC shares, starting with a $10,000 purchase of EOCC, presented on a split-history-adjusted basis factoring in the complete EOCC 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: |
12/28/2018 |
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Start price/share: |
$27.72 |
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End price/share: |
$16.51 |
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Starting shares: |
360.75 |
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Ending shares: |
432.57 |
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Dividends reinvested/share: |
$4.63 |
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Total return: |
-28.58% |
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Average Annual Total Return: |
-6.80% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,142.77 |
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Years: |
4.78 |
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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: |
12/28/2018 |
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Start price/share: |
$27.72 |
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End price/share: |
$16.51 |
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Dividends collected/share: |
$4.63 |
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Total return: |
-23.75% |
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Average Annual Total Return: |
-5.52% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,623.81 |
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Years: |
4.78 |
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Date |
Ratio |
04/27/2016 | 1445 for 1000 |
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