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Video: What is a Stock Split?
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Super League Enterprise is a publisher of games, monetization tools and content channels across metaverse gaming platforms that empower developers, energize players, and entertain fans. Co.'s solutions provide access to an audience consisting of players in the metaverse game environments, fans of gaming influencers, and viewers of gameplay content across primary social media and digital video platforms. Co.'s platform includes access to in-game communities, a metaverse advertising platform, a network of viewed channels and original shows on Instagram, TikTok, Snap, YouTube, and Twitch, cloud-based livestream production tools, and an esports invitational tournament series. According to our SLE split history records, Super League Enterprise has had 5 splits. | |
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Super League Enterprise (SLE) has 5 splits in our SLE split history database. The first split for SLE took place on December 23, 1986. This was a 2 for 1
split, meaning for each share of SLE owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. SLE's second split took place on December 26, 1989. This was a 2 for 1
split, meaning for each share of SLE owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. SLE's third split took place on December 22, 1992. This was a 2 for 1
split, meaning for each share of SLE owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. SLE's 4th split took place on December 22, 1998. This was a 2 for 1
split, meaning for each share of SLE owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. SLE's 5th split took place on September 11, 2023. This was a 1 for 20 reverse split, meaning for each 20 shares of SLE owned pre-split, the shareholder now owned 1 share. For example, a 16000 share position pre-split, became a 800 share position following the split.
When a company such as Super League Enterprise 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. When a company such as Super League Enterprise 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 SLE split history from start to finish, an original position size of 1000 shares would have turned into 800 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Super League Enterprise shares, starting with a $10,000 purchase of SLE, presented on a split-history-adjusted basis factoring in the complete SLE split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/27/2019 |
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End date: |
04/26/2024 |
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Start price/share: |
$165.40 |
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End price/share: |
$1.49 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.10% |
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Average Annual Total Return: |
-59.84% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$90.14 |
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Years: |
5.16 |
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Date |
Ratio |
12/23/1986 | 2 for 1
| 12/26/1989 | 2 for 1
| 12/22/1992 | 2 for 1
| 12/22/1998 | 2 for 1
| 09/11/2023 | 1 for 20 |
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