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Video: What is a Stock Split?
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Vapotherm is a global medical technology company primarily focused on the care of patients suffering from the respiratory distress. Co.'s device solutions are focused on High Velocity Nasal Insufflation (HVNI), which delivers non-invasive ventilatory support to patients by providing heated, humidified, oxygenated air at high velocities through a small-bore nasal interface, and on closed loop control systems such as its Oxygen Assist Module. Co.'s Precision Flow systems include: Precision Flow Hi-VNI, Precision Flow Plus, Precision Flow Classic and Precision Flow Heliox. Co.'s Precision Flow systems include a capital unit, a single-use disposable and a nasal interface. According to our VAPO split history records, VAPO has had 1 split. | |
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VAPO (VAPO) has 1 split in our VAPO split history database. The split for VAPO took place on August 18, 2023. This was a 1 for 8 reverse split, meaning for each 8 shares of VAPO owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 125 share position following the split.
When a company such as VAPO 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 VAPO split history from start to finish, an original position size of 1000 shares would have turned into 125 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into VAPO shares, starting with a $10,000 purchase of VAPO, presented on a split-history-adjusted basis factoring in the complete VAPO split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/14/2018 |
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End date: |
12/27/2023 |
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Start price/share: |
$128.00 |
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End price/share: |
$1.20 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.06% |
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Average Annual Total Return: |
-59.83% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$93.70 |
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Years: |
5.12 |
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Date |
Ratio |
08/18/2023 | 1 for 8 |
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