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Video: What is a Stock Split?
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FG Group Holdings is a holding company with business operations in the entertainment industry and holdings in public and privately held companies. Co. conducts its operations primarily through its Strong Entertainment operating segment. Co.'s Strong Entertainment business segment manufactures and distributes projection screens and provides technical support services and other related products and services to the cinema exhibition industry, theme parks, schools, museums and other entertainment-related markets. Co. also distributes and supports third party products, including digital projectors, servers, library management systems, menu boards and sound systems. According to our FGH split history records, FGH has had 1 split. | |
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FGH (FGH) has 1 split in our FGH split history database. The split for FGH took place on October 14, 1997. This was a 2 for 1
split, meaning for each share of FGH 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 FGH 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 FGH 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 FGH shares, starting with a $10,000 purchase of FGH, presented on a split-history-adjusted basis factoring in the complete FGH split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
02/29/2024 |
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Start price/share: |
$4.65 |
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End price/share: |
$1.24 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-73.33% |
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Average Annual Total Return: |
-12.54% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$2,667.26 |
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Years: |
9.86 |
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Date |
Ratio |
10/14/1997 | 2 for 1
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