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Video: What is a Stock Split?
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Telecom Argentina provides telecommunications, cable television and data transmission service in Argentina and cable television services across Latin America. Co. provides its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony. Co. also provides other telephone-related services such as international long-distance and wholesale services, data transmission and Information Technology solutions outsourcing and it installs, operates and develops cable television and data transmission services. Co. provides its services in Argentina, Paraguay, Uruguay and the United States. According to our TEO split history records, Telecom Argentina SA has had 1 split. | |
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Telecom Argentina SA (TEO) has 1 split in our TEO split history database. The split for TEO took place on August 28, 1997. This was a 2 for 1
split, meaning for each share of TEO 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 Telecom Argentina SA 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 TEO 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 Telecom Argentina SA shares, starting with a $10,000 purchase of TEO, presented on a split-history-adjusted basis factoring in the complete TEO split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$20.09 |
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End price/share: |
$7.62 |
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Starting shares: |
497.76 |
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Ending shares: |
785.70 |
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Dividends reinvested/share: |
$7.84 |
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Total return: |
-40.13% |
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Average Annual Total Return: |
-5.00% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5,988.21 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$20.09 |
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End price/share: |
$7.62 |
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Dividends collected/share: |
$7.84 |
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Total return: |
-23.03% |
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Average Annual Total Return: |
-2.58% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,700.38 |
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Years: |
10.00 |
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Date |
Ratio |
08/28/1997 | 2 for 1
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