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Video: What is a Stock Split?
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SRM Entertainment is a toy and souvenir designer and developer, selling into theme parks and entertainment venues. Co. infuses its designs and aesthetic sensibility into a variety of product categories, including figures, plush, accessories, apparel, and homewares. According to our SRM split history records, SRM Entertainment has had 1 split. | |
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SRM Entertainment (SRM) has 1 split in our SRM split history database. The split for SRM took place on December 20, 1993. This was a 3 for 2
split, meaning for each 2
shares of SRM owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as SRM Entertainment 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 SRM split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SRM Entertainment shares, starting with a $10,000 purchase of SRM, presented on a split-history-adjusted basis factoring in the complete SRM split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
08/16/2023 |
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End date: |
05/01/2024 |
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Start price/share: |
$3.75 |
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End price/share: |
$1.38 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-63.20% |
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Annualized Gain: |
-89.07% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3,680.00 |
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Years: |
0.71 |
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Date |
Ratio |
12/20/1993 | 3 for 2
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