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 Video: What is a Stock Split?
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| JX Luxventure is a holding company. Through its subsidiaries, Co. is a casual menswear company in the People's Republic of China (China) engaged in designing, marketing, and selling its own line of fashion menswear. Co.'s products include men's apparel, footwear and accessories, targeting urban males in China. Co.'s apparel products include outerwear, knitwear, denim, tops, bottoms, accessories and footwear. Co. has a nationwide distribution network covering various of China's provinces and centrally administered municipalities. This network is comprised of corporate store owned and operated by Co. and various franchised stores operated by third party distributors or their sub-distributors. According to our LLL split history records, LLL has had 2 splits. | |
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LLL (LLL) has 2 splits in our LLL split history database. The first split for LLL took place on May 21, 2002. This was a 2 for 1 split, meaning for each share of LLL 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. LLL's second split took place on July 18, 2012. This was a 10000 for 9602 split, meaning for each 9602 shares of LLL owned pre-split, the shareholder now owned 10000 shares. For example, a 2000 share position pre-split, became a 2082.89939595917 share position following the split.
When a company such as LLL 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 LLL split history from start to finish, an original position size of 1000 shares would have turned into 2082.89939595917 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LLL shares, starting with a $10,000 purchase of LLL, presented on a split-history-adjusted basis factoring in the complete LLL split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
10/07/2022 |
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| Start price/share: |
$6.10 |
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| End price/share: |
$0.84 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-86.23% |
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| Average Annual Total Return: |
-22.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,377.47 |
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| Years: |
7.82 |
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| Date |
Ratio |
| 05/21/2002 | 2 for 1 | | 07/18/2012 | 10000 for 9602 |
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