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 Video: What is a Stock Split?
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| Sono Group develops mainly electric vehicles with integrated solar panels. Co. is in the process of developing and commercializing a disruptive solar technology that would allow every vehicle to benefit from solar power. Co. uses this technology to create its solar and battery powered vehicle that it calls the Sion. Co. is in the process of starting to license and sell its proprietary solar technology to other manufacturers for different use cases, such as buses, trucks, camper vans, trains and even boats. Co.'s technology allows for the integration of solar cells into the body of a car, such as the Sion, and the charging of its battery through the power of the sun. According to our SEV split history records, SEV has had 1 split. | |
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SEV (SEV) has 1 split in our SEV split history database. The split for SEV took place on August 12, 2014. This was a 1025 for 1000 split, meaning for each 1000 shares of SEV owned pre-split, the shareholder now owned 1025 shares. For example, a 1000 share position pre-split, became a 1025 share position following the split.
When a company such as SEV 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 SEV split history from start to finish, an original position size of 1000 shares would have turned into 1025 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SEV shares, starting with a $10,000 purchase of SEV, presented on a split-history-adjusted basis factoring in the complete SEV split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
11/17/2021 |
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| End date: |
07/20/2023 |
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| Start price/share: |
$38.20 |
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| End price/share: |
$0.21 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-99.46% |
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| Average Annual Total Return: |
-95.62% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$54.11 |
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| Years: |
1.67 |
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| Date |
Ratio |
| 08/12/2014 | 1025 for 1000 |
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