 |
 Video: What is a Stock Split?
|
|
|
| Points International is engaged in providing loyalty e-commerce and technology solutions to the loyalty industry, connecting loyalty programs, third party brands and end consumers across a global transaction platform. Main to Co.'s operations is the Loyalty Commerce Platform (LCP), an open, Application Program Interface based transaction processing platform that Co. utilizes for various aspects of the business. The primary functions of the LCP include direct, real time, integrations into partners' loyalty program data bases that allow for customer validation and information sharing as well as debit and/or credit of loyalty program currency. According to our PCOM split history records, POINTS.com Inchares has had 3 splits. | |
|
POINTS.com Inchares (PCOM) has 3 splits in our PCOM split history database. The first split for PCOM took place on October 30, 1995. This was a 2 for 1
split, meaning for each share of PCOM 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. PCOM's second split took place on September 26, 1997. This was a 2 for 1
split, meaning for each share of PCOM owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. PCOM's third split took place on February 28, 2008. This was a 3 for 1 split, meaning for each share of PCOM owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 12000 share position following the split.
When a company such as POINTS.com Inchares 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 PCOM split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into POINTS.com Inchares shares, starting with a $10,000 purchase of PCOM, presented on a split-history-adjusted basis factoring in the complete PCOM split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
12/11/2012 |
|
| End date: |
06/30/2022 |
|
| Start price/share: |
$11.65 |
|
| End price/share: |
$24.99 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
114.51% |
|
| Average Annual Total Return: |
8.32% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$21,457.86 |
|
| Years: |
9.55 |
|
|
|
| Date |
Ratio |
| 10/30/1995 | 2 for 1
| | 09/26/1997 | 2 for 1
| | 02/28/2008 | 3 for 1 |
|
|
Free PCOM Email Alerts:
