 |
 Video: What is a Stock Split?
|
|
|
| Weibo is a holding company. Through its subsidiaries, Co. is a social media for people to create, share and discover content. It provides a way for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. Co.'s product categories include those for users (discovery products, self-expression products and social products), advertising (social display advertisements and promoted marketing) and marketing customers and platform partners (products for copyright content providers, products for multi-channel networks and other self-media, products for other app developers and Weibo wallet). According to our WB split history records, Weibo has had 2 splits. | |
|
Weibo (WB) has 2 splits in our WB split history database. The first split for WB took place on September 01, 1989. This was a 6 for 5
split, meaning for each 5
shares of WB owned pre-split, the shareholder now owned 6 shares. For example, a 1000 share position pre-split, became a 1200 share position following the split. WB's second split took place on April 01, 1993. This was a 2 for 1
split, meaning for each share of WB owned pre-split, the shareholder now owned 2 shares. For example, a 1200 share position pre-split, became a 2400 share position following the split.
When a company such as Weibo 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 WB split history from start to finish, an original position size of 1000 shares would have turned into 2400 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Weibo shares, starting with a $10,000 purchase of WB, presented on a split-history-adjusted basis factoring in the complete WB split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
04/21/2014 |
|
| End date: |
11/29/2023 |
|
| Start price/share: |
$22.61 |
|
| End price/share: |
$11.32 |
|
| Starting shares: |
442.28 |
|
| Ending shares: |
470.44 |
|
| Dividends reinvested/share: |
$0.85 |
|
| Total return: |
-46.75% |
|
| Average Annual Total Return: |
-6.34% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$5,327.58 |
|
| Years: |
9.61 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/21/2014 |
|
| End date: |
11/29/2023 |
|
| Start price/share: |
$22.61 |
|
| End price/share: |
$11.32 |
|
| Dividends collected/share: |
$0.85 |
|
| Total return: |
-46.17% |
|
| Average Annual Total Return: |
-6.24% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$5,382.52 |
|
| Years: |
9.61 |
|
|
|
| Date |
Ratio |
| 09/01/1989 | 6 for 5
| | 04/01/1993 | 2 for 1
|
|
|
Free WB Email Alerts:
