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Video: What is a Stock Split?
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Wheeler Real Estate Investment Trust serves as the general partner of Wheeler REIT, L.P. (the Operating Partnership). Substantially, all of Co.'s assets are held by, and all of its operations are conducted through, its Operating Partnership. Co. is a self-managed commercial real estate investment company that owns, leases and operates retail properties with a primary focus on grocery-anchored centers. Co. owns a portfolio consisting of various properties, including retail shopping centers and undeveloped land parcels. These properties are located in Virginia, Florida, North Carolina, South Carolina, Georgia, Kentucky, Tennessee, New Jersey, Alabama, West Virginia, Oklahoma and Pennsylvania. According to our WHLR split history records, Wheeler Real Estate Investment Trust has had 2 splits. | |
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Wheeler Real Estate Investment Trust (WHLR) has 2 splits in our WHLR split history database. The first split for WHLR took place on April 03, 2017. This was a 1 for 8 reverse split, meaning for each 8 shares of WHLR 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. WHLR's second split took place on August 18, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of WHLR owned pre-split, the shareholder now owned 1 share. For example, a 125 share position pre-split, became a 12.5 share position following the split.
When a company such as Wheeler Real Estate Investment Trust 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 WHLR split history from start to finish, an original position size of 1000 shares would have turned into 12.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Wheeler Real Estate Investment Trust shares, starting with a $10,000 purchase of WHLR, presented on a split-history-adjusted basis factoring in the complete WHLR 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: |
04/26/2024 |
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Start price/share: |
$373.60 |
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End price/share: |
$0.15 |
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Starting shares: |
26.77 |
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Ending shares: |
41.40 |
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Dividends reinvested/share: |
$74.20 |
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Total return: |
-99.94% |
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Average Annual Total Return: |
-52.31% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6.09 |
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Years: |
10.00 |
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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: |
04/26/2024 |
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Start price/share: |
$373.60 |
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End price/share: |
$0.15 |
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Dividends collected/share: |
$74.20 |
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Total return: |
-80.10% |
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Average Annual Total Return: |
-14.91% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,989.69 |
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Years: |
10.00 |
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Date |
Ratio |
04/03/2017 | 1 for 8 | 08/18/2023 | 1 for 10 |
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