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Video: What is a Stock Split?
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Starz is a holding company. Through its subsidiaries, Co. is a media and entertainment company. Co. provides subscription video programming in the U.S. to to cable operators, satellite television providers, telecommunications companies and online video providers. Co. also develops, produces and acquires entertainment content and distributes this content to consumers in the U.S. and throughout the world. Co.'s business operations are conducted by its subsidiaries Starz, LLC, Starz Entertainment, LLC, Starz Media Group, LLC and certain other subsidiaries. Co. manages its operations through its SStarz Networks and Starz Distribution operating segments. According to our STRZA split history records, STRZA has had 2 splits. | |
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STRZA (STRZA) has 2 splits in our STRZA split history database. The first split for STRZA took place on January 14, 2013. This was a 8734 for 1000 split, meaning for each 1000 shares of STRZA owned pre-split, the shareholder now owned 8734 shares. For example, a 1000 share position pre-split, became a 8734 share position following the split. STRZA's second split took place on March 04, 2008. This was a 5 for 1 split, meaning for each share of STRZA owned pre-split, the shareholder now owned 5 shares. For example, a 8734 share position pre-split, became a 43670 share position following the split.
When a company such as STRZA 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 STRZA split history from start to finish, an original position size of 1000 shares would have turned into 43670 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into STRZA shares, starting with a $10,000 purchase of STRZA, presented on a split-history-adjusted basis factoring in the complete STRZA split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/23/2015 |
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End date: |
12/09/2016 |
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Start price/share: |
$28.91 |
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End price/share: |
$35.52 |
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Dividends collected/share: |
$0.00 |
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Total return: |
22.86% |
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Average Annual Total Return: |
11.58% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,286.73 |
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Years: |
1.88 |
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Date |
Ratio |
01/14/2013 | 8734 for 1000 | 03/04/2008 | 5 for 1 |
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