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Video: What is a Stock Split?
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Liberty Media - Capital Group owns and operates the Atlanta Braves Major League Baseball franchise and a baseball academy in the Dominican Republic and certain league baseball clubs; and develops and markets technology for locating wireless phones and other wireless devices enabling wireless carriers, application providers and other enterprises to provide E-911 services and other location-based services to mobile users. In addition, it also broadcasts to subscribers; promotes live music events; provides management services to artists; manages the ticketing operations; and provides online access for customers relating to ticket sales and event information. According to our STRZB split history records, STRZB has had 2 splits. | |
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STRZB (STRZB) has 2 splits in our STRZB split history database. The first split for STRZB took place on January 14, 2013. This was a 8767 for 1000 split, meaning for each 1000 shares of STRZB owned pre-split, the shareholder now owned 8767 shares. For example, a 1000 share position pre-split, became a 8767 share position following the split. STRZB's second split took place on March 04, 2008. This was a 5 for 1 split, meaning for each share of STRZB owned pre-split, the shareholder now owned 5 shares. For example, a 8767 share position pre-split, became a 43835 share position following the split.
When a company such as STRZB 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 STRZB split history from start to finish, an original position size of 1000 shares would have turned into 43835 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into STRZB shares, starting with a $10,000 purchase of STRZB, presented on a split-history-adjusted basis factoring in the complete STRZB split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/05/2014 |
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End date: |
07/14/2017 |
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Start price/share: |
$29.83 |
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End price/share: |
$40.17 |
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Dividends collected/share: |
$0.00 |
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Total return: |
34.66% |
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Average Annual Total Return: |
12.10% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,466.24 |
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Years: |
2.61 |
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Date |
Ratio |
01/14/2013 | 8767 for 1000 | 03/04/2008 | 5 for 1 |
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