 |
 Video: What is a Stock Split?
|
|
|
| GameStop Corp. offers games and entertainment products through its stores and e-commerce platforms. Co. operates in four geographic segments: U.S., Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. Co. has a total of approximately 4,169 stores across all of its segments: 2,915 in the U.S., 203 in Canada, 404 in Australia, and 647 in Europe. Its stores and e-commerce sites operate primarily under the names GameStop, EB Games and Micromania. According to our GME split history records, GameStop has had 2 splits. | |
|
GameStop (GME) has 2 splits in our GME split history database. The first split for GME took place on March 19, 2007. This was a 2 for 1 split, meaning for each share of GME 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. GME's second split took place on July 22, 2022. This was a 4 for 1 split, meaning for each share of GME owned pre-split, the shareholder now owned 4 shares. For example, a 2000 share position pre-split, became a 8000 share position following the split.
When a company such as GameStop 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 GME split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into GameStop shares, starting with a $10,000 purchase of GME, presented on a split-history-adjusted basis factoring in the complete GME split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
12/16/2014 |
|
| End date: |
12/13/2024 |
|
| Start price/share: |
$7.98 |
|
| End price/share: |
$27.99 |
|
| Starting shares: |
1,253.13 |
|
| Ending shares: |
1,683.98 |
|
| Dividends reinvested/share: |
$1.58 |
|
| Total return: |
371.35% |
|
| Average Annual Total Return: |
16.77% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$47,131.67 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
12/16/2014 |
|
| End date: |
12/13/2024 |
|
| Start price/share: |
$7.98 |
|
| End price/share: |
$27.99 |
|
| Dividends collected/share: |
$1.58 |
|
| Total return: |
270.61% |
|
| Average Annual Total Return: |
14.00% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$37,072.21 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 03/19/2007 | 2 for 1 | | 07/22/2022 | 4 for 1 |
|
|
Free GME Email Alerts:
