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 Video: What is a Stock Split?
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| Learning Tree International is a vendor-independent provider to business and government organizations for the training and education of their information technology (IT) professionals and managers. Co. provides a range of library of instructor-led courses from one to five days in length, which at Sept 27 2013 comprised 183 different course titles representing 4,134 hours of training, including 123 IT course titles and 60 management course titles. Co.'s courses provide education and training across a range of technical and management disciplines, including operating systems, databases, computer networks, computer and network security, and web development, among others. According to our LTRE split history records, LTRE has had 1 split. | |
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LTRE (LTRE) has 1 split in our LTRE split history database. The split for LTRE took place on December 17, 1996. This was a 3 for 2
split, meaning for each 2
shares of LTRE 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 LTRE 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 LTRE 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 LTRE shares, starting with a $10,000 purchase of LTRE, presented on a split-history-adjusted basis factoring in the complete LTRE split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
04/08/2019 |
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| Start price/share: |
$2.92 |
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| End price/share: |
$0.35 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-88.01% |
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| Average Annual Total Return: |
-32.74% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,199.09 |
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| Years: |
5.35 |
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| Date |
Ratio |
| 12/17/1996 | 3 for 2
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