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 Video: What is a Stock Split?
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| Spark Energy is a holding company. Through its subsidiaries, Co. is an independent retail energy services company. Co.'s business consists of two segments: Retail Electricity, in which it purchases electricity supply through physical and financial transactions with market counterparties and independent system operators and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts; and Retail Natural Gas, in which it purchases natural gas supply through physical and financial transactions with market counterparties and supplies natural gas to residential and commercial consumers pursuant to fixed-price and variable-price contracts. According to our SPKE split history records, SPKE has had 1 split. | |
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SPKE (SPKE) has 1 split in our SPKE split history database. The split for SPKE took place on June 19, 2017. This was a 2 for 1 split, meaning for each share of SPKE 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.
When a company such as SPKE 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 SPKE split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SPKE shares, starting with a $10,000 purchase of SPKE, presented on a split-history-adjusted basis factoring in the complete SPKE split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
08/09/2021 |
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| Start price/share: |
$7.49 |
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| End price/share: |
$11.37 |
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| Starting shares: |
1,335.11 |
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| Ending shares: |
2,112.78 |
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| Dividends reinvested/share: |
$4.71 |
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| Total return: |
140.22% |
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| Average Annual Total Return: |
14.31% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,015.49 |
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| Years: |
6.55 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
08/09/2021 |
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| Start price/share: |
$7.49 |
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| End price/share: |
$11.37 |
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| Dividends collected/share: |
$4.71 |
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| Total return: |
114.70% |
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| Average Annual Total Return: |
12.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,468.15 |
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| Years: |
6.55 |
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| Date |
Ratio |
| 06/19/2017 | 2 for 1 |
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