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Video: What is a Stock Split?
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Global Net Lease, Inc. is a real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S., and Western and Northern Europe. Its Industrial & Distribution, Single-Tenant Retail, and Office segments owns, manages, and leases single-tenant properties where in addition to base rent, its tenants are required to pay for their property operating expenses or reimburse it for property operating expenses that the Co. incurs. According to our GNL split history records, Global Net Lease has had 1 split. | |
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Global Net Lease (GNL) has 1 split in our GNL split history database. The split for GNL took place on March 01, 2017. This was a 1 for 3 reverse split, meaning for each 3 shares of GNL owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split.
When a company such as Global Net Lease conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the GNL split history from start to finish, an original position size of 1000 shares would have turned into 333.333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Global Net Lease shares, starting with a $10,000 purchase of GNL, presented on a split-history-adjusted basis factoring in the complete GNL split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
07/21/2015 |
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End date: |
07/18/2025 |
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Start price/share: |
$24.45 |
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End price/share: |
$7.09 |
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Starting shares: |
409.00 |
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Ending shares: |
1,240.34 |
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Dividends reinvested/share: |
$17.38 |
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Total return: |
-12.06% |
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Average Annual Total Return: |
-1.28% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$8,791.27 |
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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: |
07/21/2015 |
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End date: |
07/18/2025 |
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Start price/share: |
$24.45 |
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End price/share: |
$7.09 |
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Dividends collected/share: |
$17.38 |
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Total return: |
0.07% |
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Average Annual Total Return: |
0.01% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,010.00 |
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Years: |
10.00 |
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Date |
Ratio |
03/01/2017 | 1 for 3 |
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