|
Video: What is a Stock Split?
|
|
SOC Telemed is a blank check company. According to our TLMD split history records, TLMD has had 1 split. | |
|
TLMD (TLMD) has 1 split in our TLMD split history database. The split for TLMD took place on May 19, 1999. This was a 4 for 1
split, meaning for each share of TLMD owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split.
When a company such as TLMD 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 TLMD 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 TLMD shares, starting with a $10,000 purchase of TLMD, presented on a split-history-adjusted basis factoring in the complete TLMD split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
01/29/2020 |
|
End date: |
04/06/2022 |
|
Start price/share: |
$10.05 |
|
End price/share: |
$3.00 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-70.15% |
|
Average Annual Total Return: |
-42.52% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$2,984.63 |
|
Years: |
2.18 |
|
|
|
Date |
Ratio |
05/19/1999 | 4 for 1
|
|
|