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 Video: What is a Stock Split?
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| EZCORP provides pawn services in the U.S. and Latin America. Co. advances cash against the value of collateralized tangible personal property and sells merchandise to customers. Co.'s segments are: U.S. Pawn, which includes EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the U.S.; Latin America Pawn, which includes its Empeno Facil, Cash Apoyo Efectivo and other branded pawn operations in Mexico, as well as its GuatePrenda and MaxiEfectivo pawn operations in Guatemala, El Salvador and Honduras; and Other Investments, which includes its equity interests in Cash Converters International Limited and its investments in Rich Data Corporation and Simple Management Group, Inc. According to our EZPW split history records, EZCORP has had 1 split. | |
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EZCORP (EZPW) has 1 split in our EZPW split history database. The split for EZPW took place on December 12, 2006. This was a 3 for 1 split, meaning for each share of EZPW owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as EZCORP 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 EZPW split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EZCORP shares, starting with a $10,000 purchase of EZPW, presented on a split-history-adjusted basis factoring in the complete EZPW split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$10.88 |
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| End price/share: |
$11.00 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
1.10% |
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| Average Annual Total Return: |
0.11% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,110.52 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 12/12/2006 | 3 for 1 |
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