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Video: What is a Stock Split?
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China Liberal Education is a holding company. Through its subsidiaries, Co. provides an educational service operating under the China Liberal brand in the People's Republic of China. Co. provides a variety of educational services and products including: services provided under Sino-foreign jointly managed academic programs; sales of textbooks and course materials; overseas study consulting services; technological consulting services, which include campus intranet solution buildout, school management software customization, smart devices installation and testing, and school management data collection and analysis; and tailored job readiness training to graduating students. According to our China Liberal Education Holdings stock split history records, China Liberal Education Holdings has had 1 split. | |
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China Liberal Education Holdings (CLEU) has 1 split in our China Liberal Education Holdings stock split history database. The split for CLEU took place on January 19, 2024. This was a 1 for 15 reverse split, meaning for each 15 shares of CLEU owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 66.6666666666667 share position following the split.
When a company such as China Liberal Education 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 China Liberal Education Holdings stock split history from start to finish, an original position size of 1000 shares would have turned into 66.6666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into China Liberal Education Holdings shares, starting with a $10,000 purchase of CLEU, presented on a split-history-adjusted basis factoring in the complete China Liberal Education Holdings stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/11/2020 |
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End date: |
03/27/2024 |
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Start price/share: |
$60.15 |
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End price/share: |
$1.03 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.29% |
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Average Annual Total Return: |
-64.95% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$171.25 |
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Years: |
3.88 |
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Date |
Ratio |
01/19/2024 | 1 for 15 |
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