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 Video: What is a Stock Split?
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| Liberty Broadband is a holding company. Through its subsidiary, GCI Holdings, LLC, Co. provides a range of data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions in Alaska under the GCI brand. Co.'s other subsidiary, Charter Communications, Inc. (Charter), is a broadband connectivity company and cable operator. Charter provides its customers subscription-based Internet services, video services, and mobile and voice services. Charter's services are provided to residential and commercial customers on a subscription basis, with prices and related charges based on the types of service selected. According to our LBRDA split history records, Liberty Broadband - Class A has had 1 split. | |
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Liberty Broadband - Class A (LBRDA) has 1 split in our LBRDA split history database. The split for LBRDA took place on December 11, 2014. This was a 1045 for 1000 split, meaning for each 1000 shares of LBRDA owned pre-split, the shareholder now owned 1045 shares. For example, a 1000 share position pre-split, became a 1045 share position following the split.
When a company such as Liberty Broadband - Class A 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 LBRDA split history from start to finish, an original position size of 1000 shares would have turned into 1045 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Liberty Broadband - Class A shares, starting with a $10,000 purchase of LBRDA, presented on a split-history-adjusted basis factoring in the complete LBRDA split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$47.13 |
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| End price/share: |
$75.18 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
59.52% |
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| Average Annual Total Return: |
4.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$15,946.77 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 12/11/2014 | 1045 for 1000 |
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