|
Video: What is a Stock Split?
|
|
Getnet Adquirencia e Servicos para Meios de Pagamento operates in the merchant acquirer. Co. is primarily engaged in merchant acquisition related to the accreditation for retailer and service providers establishments to accept credit and debit cards; the processing services related to the capture, transmission and processing of data and information using a network consisting of equipment; Point-of-Sales related to installing, uninstalling, monitoring, supplying, providing maintenance and leasing equipment used in transaction capture networks; and recharges sale, where it acts as a distributor of telecommunication operators for the Commercialization of Telephony Recharge Digital Credits. According to our GET split history records, GET has had 1 split. | |
|
GET (GET) has 1 split in our GET split history database. The split for GET took place on September 14, 1993. This was a 2 for 1
split, meaning for each share of GET 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 GET 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 GET 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 GET shares, starting with a $10,000 purchase of GET, presented on a split-history-adjusted basis factoring in the complete GET split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
10/19/2021 |
|
End date: |
03/06/2023 |
|
Start price/share: |
$3.30 |
|
End price/share: |
$1.88 |
|
Starting shares: |
3,030.30 |
|
Ending shares: |
3,391.30 |
|
Dividends reinvested/share: |
$0.16 |
|
Total return: |
-36.24% |
|
Average Annual Total Return: |
-27.86% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$6,376.10 |
|
Years: |
1.38 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
10/19/2021 |
|
End date: |
03/06/2023 |
|
Start price/share: |
$3.30 |
|
End price/share: |
$1.88 |
|
Dividends collected/share: |
$0.16 |
|
Total return: |
-38.27% |
|
Average Annual Total Return: |
-29.54% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$6,172.38 |
|
Years: |
1.38 |
|
|
|
Date |
Ratio |
09/14/1993 | 2 for 1
|
|
|