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Video: What is a Stock Split?
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Ambassadors Group is a provider of educational travel experiences, primarily engaged in organizing and promoting educational travel programs for students through a direct to consumer marketing model. Co. operates student and adult travel programs using the People to People International brand. Co. operates these programs under three categories: Student Ambassador Programs, which provides educational opportunities to visit foreign destinations; Leadership Ambassador Programs, which provides travel experiences to students; and Citizen Ambassador Programs, which provides personnel with common interests the opportunity to travel abroad to meet and exchange ideas with foreign citizens. According to our EPAX split history records, EPAX has had 1 split. | |
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EPAX (EPAX) has 1 split in our EPAX split history database. The split for EPAX took place on September 16, 2005. This was a 2 for 1 split, meaning for each share of EPAX owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as EPAX 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 EPAX split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EPAX shares, starting with a $10,000 purchase of EPAX, presented on a split-history-adjusted basis factoring in the complete EPAX split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/09/2014 |
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End date: |
10/23/2015 |
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Start price/share: |
$3.58 |
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End price/share: |
$1.75 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-51.12% |
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Average Annual Total Return: |
-49.81% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,888.03 |
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Years: |
1.04 |
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Date |
Ratio |
09/16/2005 | 2 for 1 |
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