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 Video: What is a Stock Split?
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| Fisher Communications is an integrated media company. Co. conducts its operations through two subsidiaries, Fisher Broadcasting Company (Fisher Broadcasting) and Fisher Media Services Company (Fisher Media Services). Co. has three segments: television; radio; and Fisher Plaza, a mixed-use facility owned and managed through Fisher Media Services. At Dec 31 2011, Fisher Broadcasting owned and operated 13 television stations (including a 50.0%-owned television station), seven low power television stations and three owned radio stations (in addition to one managed radio station) in the Western U.S. Co.'s television and radio stations are located in Washington, Oregon, California and Idaho. According to our FSCI split history records, FSCI has had 1 split. | |
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FSCI (FSCI) has 1 split in our FSCI split history database. The split for FSCI took place on March 09, 1998. This was a 2 for 1
split, meaning for each share of FSCI 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 FSCI 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 FSCI 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 FSCI shares, starting with a $10,000 purchase of FSCI, presented on a split-history-adjusted basis factoring in the complete FSCI split history.
FSCI -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 03/09/1998 | 2 for 1
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