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 Video: What is a Stock Split?
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| Mobile TeleSystems is a telecommunications provider in Russia and the Commonwealth of Independent States. Co. has the following reportable segments: Russia convergent, which engages in the mobile and fixed line operations that encompasses services rendered to customers across regions of Russia, including voice and data services, transmission, broadband, pay-TV and various services and retail operations; Moscow fixed line, which focuses on the fixed line operations carried out in Moscow by its subsidiary, Public Joint Stock Company Moscow City Telephone Network; and MTS Bank, which engages in the banking services rendered to customers across multiple regions of Russia. According to our MBT split history records, MBT has had 2 splits. | |
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MBT (MBT) has 2 splits in our MBT split history database. The first split for MBT took place on January 03, 2005. This was a 4 for 1 split, meaning for each share of MBT owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split. MBT's second split took place on May 03, 2010. This was a 5 for 2 split, meaning for each 2 shares of MBT owned pre-split, the shareholder now owned 5 shares. For example, a 4000 share position pre-split, became a 10000 share position following the split.
When a company such as MBT 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 MBT split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MBT shares, starting with a $10,000 purchase of MBT, presented on a split-history-adjusted basis factoring in the complete MBT split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
07/22/2022 |
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| Start price/share: |
$17.28 |
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| End price/share: |
$5.50 |
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| Starting shares: |
578.70 |
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| Ending shares: |
1,226.80 |
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| Dividends reinvested/share: |
$6.89 |
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| Total return: |
-32.53% |
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| Average Annual Total Return: |
-4.65% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,749.89 |
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| Years: |
8.25 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
07/22/2022 |
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| Start price/share: |
$17.28 |
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| End price/share: |
$5.50 |
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| Dividends collected/share: |
$6.89 |
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| Total return: |
-28.32% |
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| Average Annual Total Return: |
-3.95% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,170.00 |
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| Years: |
8.25 |
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| Date |
Ratio |
| 01/03/2005 | 4 for 1 | | 05/03/2010 | 5 for 2 |
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