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 Video: What is a Stock Split?
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| FREYR Battery, Inc. is a developer of clean, battery cell production capacity. Co. seeks to serve its primary markets of energy storage systems (ESS) and commercial mobility, including marine applications and commercial vehicles. Its facilities are located at Mo i Rana industrial complex in Northern Norway. It is engaged in the development of its first clean battery cell manufacturing project in the U.S. (Giga America), which is located on a 368-acre parcel of land in Coweta County, Georgia. Co.'s products consist of ESS, eMobility, and Electric Vehicle (EV). According to our TE split history records, T1 Energy has had 2 splits. | |
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T1 Energy (TE) has 2 splits in our TE split history database. The first split for TE took place on August 17, 1987. This was a 2 for 1
split, meaning for each share of TE 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. TE's second split took place on August 31, 1993. This was a 2 for 1
split, meaning for each share of TE 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.
When a company such as T1 Energy 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 TE split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into T1 Energy shares, starting with a $10,000 purchase of TE, presented on a split-history-adjusted basis factoring in the complete TE split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/13/2020 |
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| End date: |
01/20/2026 |
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| Start price/share: |
$9.82 |
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| End price/share: |
$8.28 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-15.68% |
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| Average Annual Total Return: |
-2.79% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,432.62 |
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| Years: |
6.02 |
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| Date |
Ratio |
| 08/17/1987 | 2 for 1
| | 08/31/1993 | 2 for 1
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