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Video: What is a Stock Split?
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AgEagle Aerial Systems, through its wholly-owned subsidiaries, is engaged in designing and delivering drones, sensors and software that solve problems for its customers. Co.'s Branded Software Solutions include: Ground Control, which is a cloud-based, plug-and-play operating system, provides individual pilots and large enterprises with everything they need to completely automate and scale their drone operations workflows. With eMotion, flights are built using intuitive mission blocks and flight modes. Users need to choose a block (aerial mapping, corridor, etc.), highlight the region they want to map, define primary settings, and eMotion auto-generates the drone's flight plan. According to our UAVS split history records, AgEagle Aerial Systems has had 2 splits. | |
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AgEagle Aerial Systems (UAVS) has 2 splits in our UAVS split history database. The first split for UAVS took place on March 27, 2018. This was a 1 for 25 reverse split, meaning for each 25 shares of UAVS owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 40 share position following the split. UAVS's second split took place on February 09, 2024. This was a 1 for 20 reverse split, meaning for each 20 shares of UAVS owned pre-split, the shareholder now owned 1 share. For example, a 40 share position pre-split, became a 2 share position following the split.
When a company such as AgEagle Aerial Systems conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the UAVS split history from start to finish, an original position size of 1000 shares would have turned into 2 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AgEagle Aerial Systems shares, starting with a $10,000 purchase of UAVS, presented on a split-history-adjusted basis factoring in the complete UAVS split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$240.00 |
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End price/share: |
$0.79 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.67% |
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Average Annual Total Return: |
-43.55% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$32.91 |
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Years: |
10.00 |
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Date |
Ratio |
03/27/2018 | 1 for 25 | 02/09/2024 | 1 for 20 |
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