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Video: What is a Stock Split?
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National CineMedia, Inc. is a media company that operates the cinema advertising platform in the U.S.. Its platform consists of more than 18,400 screens in over 1,400 theaters in 190 Designated Market Areas. It presents multiple formats of The Noovie Show depending on the theater circuit in which it runs, including Post-Showtime advertising inventory after the advertised showtime. It also sells advertising on its LEN, a series of screens located in movie theater lobbies, and other forms of advertising and promotions in theater lobbies. According to our NCMI split history records, National CineMedia has had 1 split. | |
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National CineMedia (NCMI) has 1 split in our NCMI split history database. The split for NCMI took place on August 04, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of NCMI owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as National CineMedia 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 NCMI split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into National CineMedia shares, starting with a $10,000 purchase of NCMI, presented on a split-history-adjusted basis factoring in the complete NCMI split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/11/2015 |
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End date: |
02/10/2025 |
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Start price/share: |
$146.40 |
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End price/share: |
$7.11 |
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Starting shares: |
68.31 |
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Ending shares: |
129.73 |
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Dividends reinvested/share: |
$47.10 |
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Total return: |
-90.78% |
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Average Annual Total Return: |
-21.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$921.92 |
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Years: |
10.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/11/2015 |
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End date: |
02/10/2025 |
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Start price/share: |
$146.40 |
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End price/share: |
$7.11 |
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Dividends collected/share: |
$47.10 |
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Total return: |
-62.97% |
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Average Annual Total Return: |
-9.45% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3,703.81 |
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Years: |
10.01 |
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Date |
Ratio |
08/04/2023 | 1 for 10 |
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