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Video: What is a Stock Split?
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Datasea is a holding company. Through its subsidiaries, Co. provides products, services and solutions in three industries: 5G messaging, acoustic intelligence and smart city to enterprise and retail customers. Co. has formed a suite of solutions for 5G Messages including: 5G Messaging Marketing cloud platform, updated 5G Integrated Messaging Marketing cloud platform and Smart Push. Co.'s acoustic intelligence solution includes Ultrasonic Sound Air Disinfection Equipment, which incorporates acoustic intelligence powered disinfection against Covid-19. Co. has developed a digital city platform for smart city such as smart campus, smart community, smart scenic area and smart security solutions. According to our Datasea stock split history records, Datasea has had 2 splits. | |
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Datasea (DTSS) has 2 splits in our Datasea stock split history database. The first split for DTSS took place on May 01, 2018. This was a 1 for 3 reverse split, meaning for each 3 shares of DTSS owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split. DTSS's second split took place on January 23, 2024. This was a 1 for 15 reverse split, meaning for each 15 shares of DTSS owned pre-split, the shareholder now owned 1 share. For example, a 333.333333333333 share position pre-split, became a 22.2222222222222 share position following the split.
When a company such as Datasea 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 Datasea stock split history from start to finish, an original position size of 1000 shares would have turned into 22.2222222222222 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Datasea shares, starting with a $10,000 purchase of DTSS, presented on a split-history-adjusted basis factoring in the complete Datasea stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/06/2018 |
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End date: |
04/23/2024 |
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Start price/share: |
$279.00 |
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End price/share: |
$7.32 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-97.38% |
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Average Annual Total Return: |
-44.76% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$262.37 |
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Years: |
6.13 |
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Date |
Ratio |
05/01/2018 | 1 for 3 | 01/23/2024 | 1 for 15 |
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