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Video: What is a Stock Split?
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Gaucho Group Holdings, through its subsidiaries, invests in, develops and operates real estate projects in Argentina. Co. operates a hotel, golf and tennis resort, vineyard and producing winery in addition to developing residential lots located near the resort. Co.'s subsidiary, Gaucho Group, Inc.'s Gaucho - Buenos Aires primarily sells leather goods and accessories. Co., through its wholly-owned subsidiary and holding company, InvestProperty Group, LLC, identifies and develops specific investments in the boutique hotel, hospitality and property markets and in other lifestyle businesses such as wine production and distribution, golf, tennis and real estate development. According to our VINO split history records, Gaucho Group Holdings has had 3 splits. | |
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Gaucho Group Holdings (VINO) has 3 splits in our VINO split history database. The first split for VINO took place on February 17, 2021. This was a 1 for 15 reverse split, meaning for each 15 shares of VINO owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 66.6666666666667 share position following the split. VINO's second split took place on November 04, 2022. This was a 1 for 12 reverse split, meaning for each 12 shares of VINO owned pre-split, the shareholder now owned 1 share. For example, a 66.6666666666667 share position pre-split, became a 5.55555555555556 share position following the split. VINO's third split took place on September 25, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of VINO owned pre-split, the shareholder now owned 1 share. For example, a 5.55555555555556 share position pre-split, became a 0.555555555555556 share position following the split.
When a company such as Gaucho Group Holdings 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 VINO split history from start to finish, an original position size of 1000 shares would have turned into 0.555555555555556 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Gaucho Group Holdings shares, starting with a $10,000 purchase of VINO, presented on a split-history-adjusted basis factoring in the complete VINO split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/20/2021 |
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End date: |
04/18/2024 |
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Start price/share: |
$846.00 |
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End price/share: |
$0.59 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.93% |
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Average Annual Total Return: |
-89.39% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6.95 |
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Years: |
3.24 |
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Date |
Ratio |
02/17/2021 | 1 for 15 | 11/04/2022 | 1 for 12 | 09/25/2023 | 1 for 10 |
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