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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 businesses and assets include: Sirius XM Holdings Inc., which operates two complementary audio entertainment businesses, Sirius XM and Pandora; Formula 1, which holds the commercial rights with respect to the Federation Internationale de l'Automobile Formula One World Championship; and Braves Holdings, LLC, which is the indirect owner and operator of the Major League Baseball club, the Atlanta Braves, and certain assets and liabilities associated with the Braves' stadium and Braves Holdings' Development Project, The Battery Atlanta and in Mixed-use development. According to our LSXMA split history records, Liberty Media - Series A Liberty Siriu has had 2 splits. | |
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Liberty Media - Series A Liberty Siriu (LSXMA) has 2 splits in our LSXMA split history database. The first split for LSXMA took place on May 18, 2020. This was a 1017 for 1000 split, meaning for each 1000 shares of LSXMA owned pre-split, the shareholder now owned 1017 shares. For example, a 1000 share position pre-split, became a 1017 share position following the split. LSXMA's second split took place on August 04, 2023. This was a 1361 for 1000 split, meaning for each 1000 shares of LSXMA owned pre-split, the shareholder now owned 1361 shares. For example, a 1017 share position pre-split, became a 1384.137 share position following the split.
When a company such as Liberty Media - Series A Liberty Siriu 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 LSXMA split history from start to finish, an original position size of 1000 shares would have turned into 1384.137 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Liberty Media - Series A Liberty Siriu shares, starting with a $10,000 purchase of LSXMA, presented on a split-history-adjusted basis factoring in the complete LSXMA split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/19/2016 |
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End date: |
09/09/2024 |
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Start price/share: |
$23.50 |
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End price/share: |
$22.29 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-5.15% |
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Average Annual Total Return: |
-0.63% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,483.14 |
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Years: |
8.40 |
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Date |
Ratio |
05/18/2020 | 1017 for 1000 | 08/04/2023 | 1361 for 1000 |
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