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Video: What is a Stock Split?
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The Company operates one reportable business segment: Gas Distribution. The Gas Distribution business segment includes it's natural gas distribution operations in Michigan and Alaska. According to our SEN split history records, SEN has had 1 split. | |
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SEN (SEN) has 1 split in our SEN split history database. The split for SEN took place on May 01, 1998. This was a 21 for 20
split, meaning for each 20
shares of SEN owned pre-split, the shareholder now owned 21 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split.
When a company such as SEN 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 SEN split history from start to finish, an original position size of 1000 shares would have turned into 1050 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SEN shares, starting with a $10,000 purchase of SEN, presented on a split-history-adjusted basis factoring in the complete SEN split history.
SEN -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
05/01/1998 | 21 for 20
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