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 Video: What is a Stock Split?
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| GreenPower Motor Co is an Original Equipment Manufacturer (OEM) of Class 4-8 commercial, heavy-duty bus vehicles for products ranging from a 25-foot Min-eBus to a 45-foot double decker bus. Co. is engaged in the business of manufacturing and distributing all-electric transit, school and charter buses. Co. designs, builds and distributes a suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van, and a cab and chassis. Co. employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. According to our GP split history records, GreenPower Motor has had 1 split. | |
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GreenPower Motor (GP) has 1 split in our GP split history database. The split for GP took place on June 04, 1999. This was a 2 for 1
split, meaning for each share of GP 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 GreenPower Motor 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 GP 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 GreenPower Motor shares, starting with a $10,000 purchase of GP, presented on a split-history-adjusted basis factoring in the complete GP split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
08/31/2020 |
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| End date: |
04/25/2024 |
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| Start price/share: |
$19.75 |
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| End price/share: |
$1.84 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-90.68% |
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| Average Annual Total Return: |
-47.79% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$931.58 |
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| Years: |
3.65 |
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| Date |
Ratio |
| 06/04/1999 | 2 for 1
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