|
Video: What is a Stock Split?
|
|
Root9B Holdings is a provider of cybersecurity and business advisory services principally in regulatory risk mitigation. Co.'s services and solutions target risk mitigation, assisting with compliance, and maximizing profits by addressing core areas for businesses, primarily cybersecurity. Co. provides its services through two operating segments: Cyber Solutions, in which Co. is a provider of cybersecurity and technology training capabilities, operational support and consulting services; and Business Advisory Solutions, in which Co.'s team focuses on delivering solutions in both regulatory compliance and risk mitigation. According to our RTNB split history records, RTNB has had 2 splits. | |
|
RTNB (RTNB) has 2 splits in our RTNB split history database. The first split for RTNB took place on April 03, 1992. This was a 2 for 1
split, meaning for each share of RTNB 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. RTNB's second split took place on October 24, 1995. This was a 2 for 1
split, meaning for each share of RTNB 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 RTNB 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 RTNB 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 RTNB shares, starting with a $10,000 purchase of RTNB, presented on a split-history-adjusted basis factoring in the complete RTNB split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
12/09/2014 |
|
End date: |
12/20/2021 |
|
Start price/share: |
$1.05 |
|
End price/share: |
$0.01 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-99.05% |
|
Average Annual Total Return: |
-48.39% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$95.26 |
|
Years: |
7.04 |
|
|
|
Date |
Ratio |
04/03/1992 | 2 for 1
| 10/24/1995 | 2 for 1
|
|
|