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Video: What is a Stock Split?
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RadioShack is primarily engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain. As of May 3 2014, Co. had 4,250 U.S. company-operated retail stores, all operating under the RadioShack brand name. Co.'s product lines are categorized into two platforms: mobility, including postpaid and prepaid wireless handsets, commissions, residual income, prepaid wireless airtime, e-readers and tablet devices as well as its wireless accessories and tablet accessories; and retail, which includes its remaining consumer electronics product categories and related accessories, batteries and power products, and technical products. According to our RSH split history records, RSH has had 2 splits. | |
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RSH (RSH) has 2 splits in our RSH split history database. The first split for RSH took place on September 23, 1997. This was a 2 for 1
split, meaning for each share of RSH 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. RSH's second split took place on June 22, 1999. This was a 2 for 1
split, meaning for each share of RSH 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.
When a company such as RSH 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 RSH split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RSH shares, starting with a $10,000 purchase of RSH, presented on a split-history-adjusted basis factoring in the complete RSH split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/09/2014 |
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End date: |
02/03/2015 |
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Start price/share: |
$0.57 |
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End price/share: |
$0.24 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-57.89% |
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Annualized Gain: |
-377.35% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,211.00 |
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Years: |
0.15 |
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Date |
Ratio |
09/23/1997 | 2 for 1
| 06/22/1999 | 2 for 1
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