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Video: What is a Stock Split?
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Where Food Comes From is engaged in third-party verification of food production practices in North America. Co.'s principal business is conducting both on-site and desk audits to verify that claims being made about livestock, crops and other food products are accurate. Through its subsidiaries, SureHarvest Services LLC and Postelsia Holdings, Ltd., Co. primarily provides a range of services and technology solutions. Co.'s Where Food Comes From Source Verified® retail and restaurant labeling program utilizes the verification of product attributes to connect consumers directly to the source of the food they purchase through product labeling and web-based information sharing and education. According to our WFCF split history records, Where Food Comes From has had 1 split. | |
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Where Food Comes From (WFCF) has 1 split in our WFCF split history database. The split for WFCF took place on December 01, 2020. This was a 1 for 4 reverse split, meaning for each 4 shares of WFCF owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 250 share position following the split.
When a company such as Where Food Comes From 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 WFCF split history from start to finish, an original position size of 1000 shares would have turned into 250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Where Food Comes From shares, starting with a $10,000 purchase of WFCF, presented on a split-history-adjusted basis factoring in the complete WFCF split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/17/2024 |
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Start price/share: |
$8.40 |
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End price/share: |
$11.99 |
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Starting shares: |
1,190.48 |
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Ending shares: |
1,202.15 |
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Dividends reinvested/share: |
$0.15 |
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Total return: |
44.14% |
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Average Annual Total Return: |
3.73% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,419.71 |
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Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/17/2024 |
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Start price/share: |
$8.40 |
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End price/share: |
$11.99 |
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Dividends collected/share: |
$0.15 |
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Total return: |
44.52% |
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Average Annual Total Return: |
3.75% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,447.52 |
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Years: |
9.99 |
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Date |
Ratio |
12/01/2020 | 1 for 4 |
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