|
Video: What is a Stock Split?
|
|
REX American Resources is a holding company. Through its subsidiaries, Co. is an investor in ethanol production facilities. Co. has one reportable segment, ethanol and by-products. Co. has invested in the following ethanol production entities: One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen), and Big River Resources, LLC. Co. owns a majority interest in One Earth and NuGen. According to our REX split history records, REX American Resources has had 2 splits. | |
|
REX American Resources (REX) has 2 splits in our REX split history database. The first split for REX took place on July 28, 2022. REX's second split took place on August 08, 2022. This was a 3 for 1 split, meaning for each share of REX owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as REX American Resources 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 REX split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into REX American Resources shares, starting with a $10,000 purchase of REX, presented on a split-history-adjusted basis factoring in the complete REX split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
11/07/2014 |
|
End date: |
11/05/2024 |
|
Start price/share: |
$24.04 |
|
End price/share: |
$46.28 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
92.51% |
|
Average Annual Total Return: |
6.77% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$19,256.19 |
|
Years: |
10.00 |
|
|
|
Date |
Ratio |
07/28/2022 | 1 for 1 | 08/08/2022 | 3 for 1 |
|
|