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Video: What is a Stock Split?
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My Size is a creator of mobile device measurement solutions. Co. focuses on the following market segments: E-commerce fashion/apparel industry; shipping/parcel; and do it yourself uses. Co. provides MySizeID app for both iOS and Android which assists consumers to take measurement of their own body without the need to try the clothes on before purchasing. Co. also provides BoxSize, a parcel measurement application that can provide real-time logistic data on package volumes and transportation. Co. has developed SizeIT, a measuring tape software development kit for both Android and iOS platforms, which provides users with the ability to measure objects with a movement of their mobile device. According to our MYSZ split history records, My Size has had 2 splits. | |
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My Size (MYSZ) has 2 splits in our MYSZ split history database. The first split for MYSZ took place on November 19, 2019. This was a 1 for 15 reverse split, meaning for each 15 shares of MYSZ owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 66.6666666666667 share position following the split. MYSZ's second split took place on December 09, 2022. This was a 1 for 25 reverse split, meaning for each 25 shares of MYSZ owned pre-split, the shareholder now owned 1 share. For example, a 66.6666666666667 share position pre-split, became a 2.66666666666667 share position following the split.
When a company such as My Size conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the MYSZ split history from start to finish, an original position size of 1000 shares would have turned into 2.66666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into My Size shares, starting with a $10,000 purchase of MYSZ, presented on a split-history-adjusted basis factoring in the complete MYSZ split history.

Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
08/10/2016 |
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End date: |
09/27/2023 |
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Start price/share: |
$1,950.00 |
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End price/share: |
$0.90 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.95% |
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Average Annual Total Return: |
-65.90% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4.64 |
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Years: |
7.13 |
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Date |
Ratio |
11/19/2019 | 1 for 15 | 12/09/2022 | 1 for 25 |
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