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Video: What is a Stock Split?
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Navigant Consulting is a global professional services firm. Co.'s segments include: Healthcare, which provides consulting services and business process management services; Energy, which provides solutions that help clients transform their businesses in changing energy environment, manage complexity, accelerate operational performance, meet compliance requirements and transform their organizations and systems; and Financial Services Advisory and Compliance, which provides strategic, operational, risk management, investigative and compliance advisory services to clients primarily in the financial services industry, including financial and insurance institutions. According to our NCI split history records, Neo-concept International Group Holdings Limited has had 1 split. | |
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Neo-concept International Group Holdings Limited (NCI) has 1 split in our NCI split history database. The split for NCI took place on April 02, 1998. This was a 3 for 2
split, meaning for each 2
shares of NCI 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 Neo-concept International Group Holdings Limited 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 NCI 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 Neo-concept International Group Holdings Limited shares, starting with a $10,000 purchase of NCI, presented on a split-history-adjusted basis factoring in the complete NCI split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/23/2024 |
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End date: |
10/08/2024 |
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Start price/share: |
$9.50 |
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End price/share: |
$0.53 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-94.42% |
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Annualized Gain: |
-205.14% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$558.00 |
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Years: |
0.46 |
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Date |
Ratio |
04/02/1998 | 3 for 2
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