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 Video: What is a Stock Split?
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| A holding company engaged through its wholly owned subsidiaries; Florida East Coast Railway LLC and Flagler Development Company in the railroad and real estate businesses. According to our FLA split history records, FLA has had 1 split. | |
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FLA (FLA) has 1 split in our FLA split history database. The split for FLA took place on June 16, 1998. This was a 4 for 1
split, meaning for each share of FLA owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split.
When a company such as FLA 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 FLA split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FLA shares, starting with a $10,000 purchase of FLA, presented on a split-history-adjusted basis factoring in the complete FLA split history.
FLA -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 06/16/1998 | 4 for 1
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