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 Video: What is a Stock Split?
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| Sibanye-Stillwater is a precious metals mining company, which produces a mix of metals that includes gold and the platinum group metals (PGMs). Co. owns and operates a portfolio of operations and projects, which are grouped into two regions: the southern Africa region and the United States region. Co.'s projects include: the Marathon PGM project in Ontario, Canada; the Altar and Rio Grande copper-gold projects in the Andes in north-west Argentina, close to the Chilean border; the Hoedspruit, Zondernaam and Vygenhoek, PGM projects in South Africa; and the Burnstone and the southern Free State gold projects in South Africa. According to our SBGL split history records, SBGL has had 1 split. | |
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SBGL (SBGL) has 1 split in our SBGL split history database. The split for SBGL took place on October 05, 2017. This was a 102 for 100 split, meaning for each 100 shares of SBGL owned pre-split, the shareholder now owned 102 shares. For example, a 1000 share position pre-split, became a 1020 share position following the split.
When a company such as SBGL 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 SBGL split history from start to finish, an original position size of 1000 shares would have turned into 1020 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SBGL shares, starting with a $10,000 purchase of SBGL, presented on a split-history-adjusted basis factoring in the complete SBGL split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
03/27/2013 |
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| End date: |
02/21/2020 |
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| Start price/share: |
$5.60 |
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| End price/share: |
$12.26 |
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| Starting shares: |
1,785.71 |
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| Ending shares: |
2,093.11 |
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| Dividends reinvested/share: |
$1.49 |
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| Total return: |
156.61% |
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| Average Annual Total Return: |
14.61% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25,656.84 |
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| Years: |
6.91 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
03/27/2013 |
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| End date: |
02/21/2020 |
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| Start price/share: |
$5.60 |
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| End price/share: |
$12.26 |
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| Dividends collected/share: |
$1.49 |
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| Total return: |
145.54% |
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| Average Annual Total Return: |
13.88% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,548.71 |
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| Years: |
6.91 |
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| Date |
Ratio |
| 10/05/2017 | 102 for 100 |
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