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 Video: What is a Stock Split?
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| EchoStar is a holding company. Through its subsidiaries, Co. provides broadband satellite technologies, broadband internet services for consumer customers, which include home and small to medium-sized businesses, satellite services and solutions for enterprise customers, which include aeronautical and government enterprises. Co. operates in two business segments: Hughes, which is engaged in both networking technologies and services; and EchoStar Satellite Services, which provides satellite services on a full-time and/or occasional-use basis to U.S. government service providers, internet service providers, broadcast news organizations, content providers and private enterprise customers. According to our SATS split history records, EchoStar has had 1 split. | |
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EchoStar (SATS) has 1 split in our SATS split history database. The split for SATS took place on September 11, 2019. This was a 1234 for 1000 split, meaning for each 1000 shares of SATS owned pre-split, the shareholder now owned 1234 shares. For example, a 1000 share position pre-split, became a 1234 share position following the split.
When a company such as EchoStar 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 SATS split history from start to finish, an original position size of 1000 shares would have turned into 1234 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EchoStar shares, starting with a $10,000 purchase of SATS, presented on a split-history-adjusted basis factoring in the complete SATS split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2013 |
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| End date: |
10/04/2023 |
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| Start price/share: |
$37.84 |
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| End price/share: |
$14.30 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-62.21% |
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| Average Annual Total Return: |
-9.28% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,776.99 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/11/2019 | 1234 for 1000 |
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