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 Video: What is a Stock Split?
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| Fidelity National Financial is a title insurance holding company. Co. has organized its business into two groups, FNF Group and FNF Ventures (FNFV). Through its FNF Group, Co. provides title insurance, escrow and other title related services, including trust activities, trustee's sales guarantees, recordings and reconveyances and home warranty products and technology and transaction services to the real estate and mortgage industries. Through its FNFV group, Co. owns majority and minority equity investment stakes in a number of entities, including American Blue Ribbon Holdings, LLC, Ceridian HCM, Inc. and and Digital Insurance, Inc. According to our FNFV split history records, FNFV has had 1 split. | |
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FNFV (FNFV) has 1 split in our FNFV split history database. The split for FNFV took place on January 02, 2015. This was a 1312 for 1000 split, meaning for each 1000 shares of FNFV owned pre-split, the shareholder now owned 1312 shares. For example, a 1000 share position pre-split, became a 1312 share position following the split.
When a company such as FNFV 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 FNFV split history from start to finish, an original position size of 1000 shares would have turned into 1312 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FNFV shares, starting with a $10,000 purchase of FNFV, presented on a split-history-adjusted basis factoring in the complete FNFV split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/24/2014 |
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| End date: |
11/28/2017 |
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| Start price/share: |
$12.90 |
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| End price/share: |
$17.35 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
34.50% |
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| Average Annual Total Return: |
9.02% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,450.98 |
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| Years: |
3.43 |
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| Date |
Ratio |
| 01/02/2015 | 1312 for 1000 |
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