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Video: What is a Stock Split?
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SKK Holdings is a holding company. Through its subsidiaries, Co. is engaged in providing engaged civil engineering service in subsurface utility works in Singapore. Co. provides civil engineering services in Singapore that cover subsurface utility works including power and telecommunication cable laying works, water pipeline works and sewer rehabilitation works. Co. is also engaged in the construction installation, underground piping works, underground utility infrastructure construction and maintenance, Horizontal Directional Drilling works, sewer rehabilitation, plumbing and sanitary works. According to our SKK split history records, SKK Holdings has had 2 splits. | |
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SKK Holdings (SKK) has 2 splits in our SKK split history database. The first split for SKK took place on February 25, 2011. This was a 1 for 5 reverse split, meaning for each 5 shares of SKK owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split. SKK's second split took place on January 24, 2014. This was a 1 for 4 reverse split, meaning for each 4 shares of SKK owned pre-split, the shareholder now owned 1 share. For example, a 200 share position pre-split, became a 50 share position following the split.
When a company such as SKK Holdings conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the SKK split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SKK Holdings shares, starting with a $10,000 purchase of SKK, presented on a split-history-adjusted basis factoring in the complete SKK split history.

Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/08/2024 |
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End date: |
06/20/2025 |
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Start price/share: |
$6.05 |
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End price/share: |
$0.62 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-89.75% |
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Annualized Gain: |
-128.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,025.00 |
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Years: |
0.70 |
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Date |
Ratio |
02/25/2011 | 1 for 5 | 01/24/2014 | 1 for 4 |
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