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Video: What is a Stock Split?
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Cheetah Mobile is a holding company. Through its subsidiaries, Co. is an IT company providing products and services on PCs and mobile devices globally. Co.'s internet products include: Clean Master, which is a junk file cleaning, memory boosting and privacy protection tool and features application management functions; Security Master, which is an anti-virus and security application for mobile devices; Duba Anti-virus, which is an internet security application which incorporates anti-virus, anti-malware, anti-phishing, malicious website blocking and secure online shopping; and Mobile Games, in which it has developed several mobile games, such as Piano Tiles 2, Rolling Sky and Dancing Line. According to our Cheetah Mobile stock split history records, Cheetah Mobile has had 1 split. | |
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Cheetah Mobile (CMCM) has 1 split in our Cheetah Mobile stock split history database. The split for CMCM took place on September 02, 2022. This was a 1 for 5 reverse split, meaning for each 5 shares of CMCM owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split.
When a company such as Cheetah Mobile 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 Cheetah Mobile stock split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cheetah Mobile shares, starting with a $10,000 purchase of CMCM, presented on a split-history-adjusted basis factoring in the complete Cheetah Mobile stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
05/09/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$71.30 |
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End price/share: |
$3.01 |
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Starting shares: |
140.25 |
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Ending shares: |
263.80 |
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Dividends reinvested/share: |
$9.70 |
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Total return: |
-92.06% |
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Average Annual Total Return: |
-22.59% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$794.06 |
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Years: |
9.89 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/09/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$71.30 |
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End price/share: |
$3.01 |
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Dividends collected/share: |
$9.70 |
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Total return: |
-82.17% |
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Average Annual Total Return: |
-16.00% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,781.90 |
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Years: |
9.89 |
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Date |
Ratio |
09/02/2022 | 1 for 5 |
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