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 Video: What is a Stock Split?
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| Liberty Media owns interests in subsidiaries and other companies which are engaged in the media and entertainment industries. Co.'s key businesses and assets include its subsidiaries, Sirius XM Holdings Inc., which transmits music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services through its satellite radio systems; and Braves Holdings, LLC, which engages in television and radio broadcasting, ticket sales and advertising and corporate sponsorship; and its equity affiliate Live Nation Entertainment, Inc., a live entertainment company, which has four business segments: Concerts, Ticketing, Artist Nation and Sponsorship & Advertising. According to our LMCA split history records, LMCA has had 3 splits. | |
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LMCA (LMCA) has 3 splits in our LMCA split history database. The first split for LMCA took place on July 24, 2014. This was a 2865 for 1000 split, meaning for each 1000 shares of LMCA owned pre-split, the shareholder now owned 2865 shares. For example, a 1000 share position pre-split, became a 2865 share position following the split. LMCA's second split took place on November 05, 2014. This was a 1321 for 1000 split, meaning for each 1000 shares of LMCA owned pre-split, the shareholder now owned 1321 shares. For example, a 2865 share position pre-split, became a 3784.665 share position following the split. LMCA's third split took place on April 18, 2016. This was a 1423988 for 1000000 split, meaning for each 1000000 shares of LMCA owned pre-split, the shareholder now owned 1423988 shares. For example, a 3784.665 share position pre-split, became a 5389.31754402 share position following the split.
When a company such as LMCA 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 LMCA split history from start to finish, an original position size of 1000 shares would have turned into 5389.31754402 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LMCA shares, starting with a $10,000 purchase of LMCA, presented on a split-history-adjusted basis factoring in the complete LMCA split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/01/2015 |
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| End date: |
01/24/2017 |
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| Start price/share: |
$27.22 |
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| End price/share: |
$30.10 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
10.58% |
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| Average Annual Total Return: |
5.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,057.86 |
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| Years: |
1.74 |
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| Date |
Ratio |
| 07/24/2014 | 2865 for 1000 | | 11/05/2014 | 1321 for 1000 | | 04/18/2016 | 1423988 for 1000000 |
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