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Video: What is a Stock Split?
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iClick Interactive Asia Group is a holding company. Through its subsidiaries, Co. is mainly engaged in the provision of online marketing services. Co. is also engaged in the provision of software licenses and retail and customer relationship management solutions. Co.'s marketing solution includes iAccess, which provides marketers with a suite of targeting or re-targeting options to reach out to, or re-connect with, potential audience identified by iAudience. Co.'s enterprise solutions include: iAudience, which provides real-time insights of the target audiences and competitive landscapes in the People's Republic of China; and iNsights, which helps clients analyze their campaign performance. According to our ICLK split history records, iClick Interactive Asia Group has had 2 splits. | |
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iClick Interactive Asia Group (ICLK) has 2 splits in our ICLK split history database. The first split for ICLK took place on October 27, 2009. This was a 1 for 2 reverse split, meaning for each 2 shares of ICLK owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 500 share position following the split. ICLK's second split took place on November 14, 2022. This was a 1 for 10 reverse split, meaning for each 10 shares of ICLK owned pre-split, the shareholder now owned 1 share. For example, a 500 share position pre-split, became a 50 share position following the split.
When a company such as iClick Interactive Asia 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 ICLK split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into iClick Interactive Asia Group shares, starting with a $10,000 purchase of ICLK, presented on a split-history-adjusted basis factoring in the complete ICLK split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/22/2017 |
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End date: |
05/06/2024 |
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Start price/share: |
$90.00 |
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End price/share: |
$1.20 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.67% |
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Average Annual Total Return: |
-49.21% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$133.36 |
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Years: |
6.37 |
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Date |
Ratio |
10/27/2009 | 1 for 2 | 11/14/2022 | 1 for 10 |
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