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Video: What is a Stock Split?
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Wins Finance Holdings is a holding company. Through its subsidiaries, Co. is a financing solution provider with operations located primarily in Jinzhong City, Shanxi Province and Beijing, China. Co.'s subsidiary, Wins Finance Group Limited, principally operates in the following business lines: Financial Guarantees, which facilitates small and medium enterprises' (SMEs') financing opportunities by acting as a guarantor to secure credit facilities from lending banks and other financial institutions; Financial Leasing, which provides direct equipment leasing or purchase-lease-back services to SMEs; and Financial Advisory Services, which provides financial advisory services to its clients. According to our WINS split history records, WINS has had 1 split. | |
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WINS (WINS) has 1 split in our WINS split history database. The split for WINS took place on March 21, 2001. This was a 1 for 2 reverse split, meaning for each 2 shares of WINS owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 500 share position following the split.
When a company such as WINS 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 WINS split history from start to finish, an original position size of 1000 shares would have turned into 500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into WINS shares, starting with a $10,000 purchase of WINS, presented on a split-history-adjusted basis factoring in the complete WINS split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/17/2014 |
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End date: |
10/20/2020 |
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Start price/share: |
$10.25 |
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End price/share: |
$14.21 |
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Dividends collected/share: |
$0.00 |
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Total return: |
38.63% |
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Average Annual Total Return: |
5.67% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,865.59 |
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Years: |
5.93 |
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Date |
Ratio |
03/21/2001 | 1 for 2 |
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