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Video: What is a Stock Split?
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Archaea Energy is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. According to our LFG split history records, LFG has had 1 split. | |
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LFG (LFG) has 1 split in our LFG split history database. The split for LFG took place on May 07, 1993. This was a 3 for 2
split, meaning for each 2
shares of LFG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as LFG 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 LFG split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LFG shares, starting with a $10,000 purchase of LFG, presented on a split-history-adjusted basis factoring in the complete LFG split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/14/2020 |
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End date: |
12/28/2022 |
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Start price/share: |
$10.26 |
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End price/share: |
$26.00 |
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Dividends collected/share: |
$0.00 |
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Total return: |
153.41% |
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Average Annual Total Return: |
57.80% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,340.35 |
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Years: |
2.04 |
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Date |
Ratio |
05/07/1993 | 3 for 2
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