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 Video: What is a Stock Split?
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| Fox is a news, sports and entertainment company. Co. has three segments: Cable Network Programming, which consists of the production and licensing of news and sports content distributed primarily through cable television systems, direct broadcast satellite operators and telecommunication companies and other digital platforms, primarily in the U.S.; Television, which produces, acquires, markets and distributes programming through the FOX broadcast network, AVOD service TUBI, 29 full power broadcast television stations, including duopolies, and other digital platforms; and Other, Corporate and Eliminations, which includes FOX Studio Lot that provides television and film production services. According to our FOXA split history records, Fox has had 2 splits. | |
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Fox (FOXA) has 2 splits in our FOXA split history database. The first split for FOXA took place on July 02, 2013. FOXA's second split took place on July 01, 2013. This was a 1132 for 1000 split, meaning for each 1000 shares of FOXA owned pre-split, the shareholder now owned 1132 shares. For example, a 1000 share position pre-split, became a 1132 share position following the split.
When a company such as Fox 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 FOXA split history from start to finish, an original position size of 1000 shares would have turned into 1132 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fox shares, starting with a $10,000 purchase of FOXA, presented on a split-history-adjusted basis factoring in the complete FOXA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
03/12/2019 |
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| End date: |
12/06/2022 |
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| Start price/share: |
$38.00 |
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| End price/share: |
$31.00 |
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| Starting shares: |
263.16 |
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| Ending shares: |
277.77 |
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| Dividends reinvested/share: |
$1.88 |
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| Total return: |
-13.89% |
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| Average Annual Total Return: |
-3.92% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,610.97 |
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| Years: |
3.74 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
03/12/2019 |
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| End date: |
12/06/2022 |
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| Start price/share: |
$38.00 |
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| End price/share: |
$31.00 |
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| Dividends collected/share: |
$1.88 |
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| Total return: |
-13.47% |
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| Average Annual Total Return: |
-3.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,651.26 |
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| Years: |
3.74 |
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| Date |
Ratio |
| 07/02/2013 | 1 for 1 | | 07/01/2013 | 1132 for 1000 |
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