Split History
ETFs Holding GOGL »    GOGL Historical Stock Prices »



Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Golden Ocean Group is a holding company. Through its subsidiaries, Co. is an international shipping company that owns and operates a fleet of dry bulk vessels, comprising of Newcastlemax, Capesize, Panamax and Ultramax vessels. Co.'s vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers, along worldwide shipping routes. Co.'s vessels operate in the spot and time charter markets. According to our GOGL split history records, Golden Ocean Group has had 1 split.
GOGL split history picture
Golden Ocean Group (GOGL) has 1 split in our GOGL split history database. The split for GOGL took place on August 01, 2016. This was a 1 for 5 reverse split, meaning for each 5 shares of GOGL owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split.

When a company such as Golden Ocean Group 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 GOGL split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Golden Ocean Group shares, starting with a $10,000 purchase of GOGL, presented on a split-history-adjusted basis factoring in the complete GOGL split history. GOGL split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 03/31/2014
End date: 03/27/2024
Start price/share: $67.75
End price/share: $12.78
Starting shares: 147.60
Ending shares: 273.41
Dividends reinvested/share: $7.82
Total return: -65.06%
Average Annual Total Return: -9.98%
Starting investment: $10,000.00
Ending investment: $3,495.55
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 03/31/2014
End date: 03/27/2024
Start price/share: $67.75
End price/share: $12.78
Dividends collected/share: $7.82
Total return: -69.59%
Average Annual Total Return: -11.22%
Starting investment: $10,000.00
Ending investment: $3,042.94
Years: 10.00
Date Ratio
08/01/20161 for 5
NRx Pharmaceuticals, Inc. (NRXP)
Tritium DCFC Limited (DCFC)
Pluri Inc. (PLUR)
Rent the Runway, Inc. (RENT)
Castor Maritime Inc. (CTRM)
ETAO International Co., Ltd. (ETAO)
Aterian, Inc. (ATER)
Chipotle Mexican Grill, Inc. (CMG)
Moleculin Biotech, Inc. (MBRX)
Longeveron Inc. (LGVN)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

GOGL Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.