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Video: What is a Stock Split?
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Liberty Interactive - Ventures Group owns interests in subsidiaries and other companies which are engaged in the video and on-line commerce industries. Through its subsidiaries and affiliates, Co. operates in North America, Europe and Asia. Co.'s principal business is QVC, Inc. QVC markets and sells a range of consumer products primarily through live televised shopping programs and via its websites, including QVC.com, and other media, such as mobile applications. Co.'s corporate and other category includes entire or majority interests in consolidated subsidiaries, which operate on-line commerce businesses in a range of retail categories and ownership interests in unconsolidated businesses. According to our LVNTB split history records, LVNTB has had 2 splits. | |
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LVNTB (LVNTB) has 2 splits in our LVNTB split history database. The first split for LVNTB took place on April 14, 2014. This was a 2 for 1 split, meaning for each share of LVNTB 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. LVNTB's second split took place on August 28, 2014. This was a 2033 for 1000 split, meaning for each 1000 shares of LVNTB owned pre-split, the shareholder now owned 2033 shares. For example, a 2000 share position pre-split, became a 4066 share position following the split.
When a company such as LVNTB 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 LVNTB split history from start to finish, an original position size of 1000 shares would have turned into 4066 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LVNTB shares, starting with a $10,000 purchase of LVNTB, presented on a split-history-adjusted basis factoring in the complete LVNTB split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/16/2014 |
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End date: |
03/12/2018 |
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Start price/share: |
$36.26 |
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End price/share: |
$54.02 |
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Dividends collected/share: |
$0.00 |
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Total return: |
48.98% |
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Average Annual Total Return: |
13.11% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,897.34 |
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Years: |
3.24 |
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Date |
Ratio |
04/14/2014 | 2 for 1 | 08/28/2014 | 2033 for 1000 |
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