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Video: What is a Stock Split?
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United Community Bancorp is a savings and loan holding company. Through its subsidiary, United Community Bank (the Bank), Co. accepts deposits from the general public and local municipalities and uses those funds to originate one- to four-family real estate, multi-family real estate and nonresidential real estate, construction, commercial and consumer loans. Co. provides a selection of deposit products, including noninterest-bearing demand accounts, interest-bearing accounts (such as interest-bearing checking and money market accounts), regular savings accounts and certificates of deposit. As of June 30 2017, Co. had total assets of $536.9 million and total deposits of $453.7 million. According to our UCBA split history records, UCBA has had 1 split. | |
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UCBA (UCBA) has 1 split in our UCBA split history database. The split for UCBA took place on January 10, 2013. This was a 6573 for 10000 reverse split, meaning for each 10000 shares of UCBA owned pre-split, the shareholder now owned 6573 shares. For example, a 1000 share position pre-split, became a 657.3 share position following the split.
When a company such as UCBA 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 UCBA split history from start to finish, an original position size of 1000 shares would have turned into 657.3 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into UCBA shares, starting with a $10,000 purchase of UCBA, presented on a split-history-adjusted basis factoring in the complete UCBA 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: |
09/14/2018 |
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Start price/share: |
$11.46 |
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End price/share: |
$27.85 |
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Starting shares: |
872.60 |
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Ending shares: |
945.80 |
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Dividends reinvested/share: |
$1.31 |
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Total return: |
163.41% |
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Average Annual Total Return: |
24.74% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$26,338.08 |
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Years: |
4.38 |
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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: |
09/14/2018 |
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Start price/share: |
$11.46 |
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End price/share: |
$27.85 |
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Dividends collected/share: |
$1.31 |
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Total return: |
154.45% |
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Average Annual Total Return: |
23.76% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,443.56 |
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Years: |
4.38 |
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Date |
Ratio |
01/10/2013 | 6573 for 10000 |
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