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 Video: What is a Stock Split?
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| A real estate company which acquires owns and operates commercial real estate. According to our RPP split history records, RPP has had 1 split. | |
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RPP (RPP) has 1 split in our RPP split history database. The split for RPP took place on March 25, 1999. This was a 15833 for 10000
split, meaning for each 10000
shares of RPP owned pre-split, the shareholder now owned 15833 shares. For example, a 1000 share position pre-split, became a 1583.3 share position following the split.
When a company such as RPP 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 RPP split history from start to finish, an original position size of 1000 shares would have turned into 1583.3 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RPP shares, starting with a $10,000 purchase of RPP, presented on a split-history-adjusted basis factoring in the complete RPP split history.
RPP -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 03/25/1999 | 15833 for 10000
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