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Video: What is a Stock Split?
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Discovery Communications is a nonfiction media and entertainment company that provides programming across a number of distribution platforms worldwide. Co. also has a portfolio of websites and other digital media services; develops and sells curriculum-based education products and services; and provides postproduction audio services. Co. classifies its operations in three segments: U.S. Networks, consisting of domestic television networks, websites, and other digital media services; International Networks, consisting of international television networks and websites; and Education and Other, consisting of curriculum-based product and service offerings and postproduction audio services. According to our DISCB stock split history records, DISCB has had 1 split. | |
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DISCB (DISCB) has 1 split in our DISCB stock split history database. The split for DISCB took place on August 07, 2014. This was a 195 for 100 split, meaning for each 100 shares of DISCB owned pre-split, the shareholder now owned 195 shares. For example, a 1000 share position pre-split, became a 1950 share position following the split.
When a company such as DISCB splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the DISCB stock split history from start to finish, an original position size of 1000 shares would have turned into 1950 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DISCB shares, starting with a $10,000 purchase of DISCB, presented on a split-history-adjusted basis factoring in the complete DISCB stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/25/2014 |
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End date: |
04/08/2022 |
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Start price/share: |
$39.24 |
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End price/share: |
$24.45 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-37.69% |
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Average Annual Total Return: |
-5.77% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,231.24 |
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Years: |
7.96 |
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Date |
Ratio |
08/07/2014 | 195 for 100 |
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