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Video: What is a Stock Split?
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Antelope Enterprise Holdings is a holding company. Through its operating subsidiaries, Co. is a manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings. The ceramic tiles, sold under the HD or Hengda, HDL or Hengdeli, TOERTO and WULIQIAO brands, are available in various styles, colors and size combinations. Co. has five principal product categories: porcelain tiles, glazed tiles, glazed porcelain tiles, rustic tiles, and polished glazed tiles. Co. primarily sells its products through a distributor network or directly to property developers. According to our Antelope Enterprise Holdings stock split history records, Antelope Enterprise Holdings has had 1 split. | |
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Antelope Enterprise Holdings (AEHL) has 1 split in our Antelope Enterprise Holdings stock split history database. The split for AEHL took place on September 18, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of AEHL owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as Antelope Enterprise 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 Antelope Enterprise Holdings stock split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Antelope Enterprise Holdings shares, starting with a $10,000 purchase of AEHL, presented on a split-history-adjusted basis factoring in the complete Antelope Enterprise Holdings stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/30/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$13.50 |
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End price/share: |
$2.07 |
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Starting shares: |
740.74 |
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Ending shares: |
759.05 |
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Dividends reinvested/share: |
$0.26 |
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Total return: |
-84.29% |
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Average Annual Total Return: |
-16.90% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,571.20 |
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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: |
04/30/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$13.50 |
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End price/share: |
$2.07 |
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Dividends collected/share: |
$0.26 |
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Total return: |
-82.74% |
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Average Annual Total Return: |
-16.12% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,725.02 |
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Years: |
10.00 |
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Date |
Ratio |
09/18/2023 | 1 for 10 |
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