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Video: What is a Stock Split?
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The Arena Group Holdings (AREN) has 1 split in our The Arena Group Holdings stock split history database. The split for AREN took place on February 09, 2022. This was a 1 for 22 reverse split, meaning for each 22 shares of AREN owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 45.4545454545455 share position following the split.
When a company such as The Arena Group 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 The Arena Group Holdings stock split history from start to finish, an original position size of 1000 shares would have turned into 45.4545454545455 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into The Arena Group Holdings shares, starting with a $10,000 purchase of AREN, presented on a split-history-adjusted basis factoring in the complete The Arena Group Holdings stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$3.74 |
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End price/share: |
$1.12 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-70.05% |
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Average Annual Total Return: |
-11.36% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$2,995.30 |
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Years: |
10.00 |
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Date |
Ratio |
02/09/2022 | 1 for 22 |
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