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Video: What is a Stock Split?
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Amesite is an artificial intelligence software company providing a cloud-based platform and content creation services for business and university-delivered education and upskilling. Co. uses artificial intelligence technologies to provide customized environments for learners, interfaces for instructors, and accessibility for learners. Co. provides its white label platform to its customers: universities, museums, businesses and government agencies. Co.'s customers provide learning to their users, who are students, learners and / or their own employees. According to our Amesite stock split history records, Amesite has had 1 split. | |
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Amesite (AMST) has 1 split in our Amesite stock split history database. The split for AMST took place on February 22, 2023. This was a 1 for 12 reverse split, meaning for each 12 shares of AMST owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 83.3333333333333 share position following the split.
When a company such as Amesite 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 Amesite stock split history from start to finish, an original position size of 1000 shares would have turned into 83.3333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Amesite shares, starting with a $10,000 purchase of AMST, presented on a split-history-adjusted basis factoring in the complete Amesite stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/28/2020 |
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End date: |
04/29/2024 |
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Start price/share: |
$57.48 |
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End price/share: |
$3.36 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-94.15% |
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Average Annual Total Return: |
-54.70% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$584.34 |
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Years: |
3.59 |
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Date |
Ratio |
02/22/2023 | 1 for 12 |
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