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 Video: What is a Stock Split?
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| Golar LNG Limited designs, owns and operates marine infrastructure for the liquefaction of natural gas and the regasification, storage and offloading of liquefied natural gas (LNG). Its segments include FLNG, Corporate and other and Shipping. The FLNG segment includes its operations of FLNG vessels or projects. It converts LNG carriers into FLNG vessels or builds new FLNG vessels and subsequently contracts them out to customers. The FLNG segment relates to activities of the FLNG Hilli and its other FLNG projects. The Shipping segment includes its operations of the transportation of LNG carriers. It has operated and subsequently chartered out LNG carriers on fixed terms to charterers. According to our GLNG split history records, Golar LNG has had 1 split. | |
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Golar LNG (GLNG) has 1 split in our GLNG split history database. The split for GLNG took place on September 23, 2010. This was a 1016 for 1000 split, meaning for each 1000 shares of GLNG owned pre-split, the shareholder now owned 1016 shares. For example, a 1000 share position pre-split, became a 1016 share position following the split.
When a company such as Golar LNG 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 GLNG split history from start to finish, an original position size of 1000 shares would have turned into 1016 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Golar LNG shares, starting with a $10,000 purchase of GLNG, presented on a split-history-adjusted basis factoring in the complete GLNG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/10/2015 |
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| End date: |
12/08/2025 |
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| Start price/share: |
$18.71 |
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| End price/share: |
$38.67 |
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| Starting shares: |
534.47 |
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| Ending shares: |
616.76 |
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| Dividends reinvested/share: |
$3.83 |
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| Total return: |
138.50% |
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| Average Annual Total Return: |
9.08% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$23,853.64 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/10/2015 |
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| End date: |
12/08/2025 |
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| Start price/share: |
$18.71 |
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| End price/share: |
$38.67 |
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| Dividends collected/share: |
$3.83 |
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| Total return: |
127.12% |
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| Average Annual Total Return: |
8.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,719.35 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/23/2010 | 1016 for 1000 |
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