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Video: What is a Stock Split?
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Forest City Enterprises Inc. is engaged in the ownership development management and acquisition of commercial and residential real estate and land throughout the United States. According to our FCEA split history records, FCEA has had 4 splits. | |
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FCEA (FCEA) has 4 splits in our FCEA split history database. The first split for FCEA took place on February 18, 1997. This was a 3 for 2
split, meaning for each 2
shares of FCEA owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. FCEA's second split took place on July 17, 1998. This was a 2 for 1
split, meaning for each share of FCEA owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. FCEA's third split took place on November 15, 2001. This was a 3 for 2 split, meaning for each 2 shares of FCEA owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 4500 share position following the split. FCEA's 4th split took place on July 12, 2005. This was a 2 for 1 split, meaning for each share of FCEA owned pre-split, the shareholder now owned 2 shares. For example, a 4500 share position pre-split, became a 9000 share position following the split.
When a company such as FCEA 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 FCEA split history from start to finish, an original position size of 1000 shares would have turned into 9000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FCEA shares, starting with a $10,000 purchase of FCEA, presented on a split-history-adjusted basis factoring in the complete FCEA split history.
FCEA -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
02/18/1997 | 3 for 2
| 07/17/1998 | 2 for 1
| 11/15/2001 | 3 for 2 | 07/12/2005 | 2 for 1 |
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