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Video: What is a Stock Split?
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New Oriental Education and Technology Group is a holding company, engaged in providing private educational services. Co. provides a range of educational programs, services and products, consisting primarily of K-12 after-school tutoring, test preparation and other courses, primary and secondary school education, online education, content development and distribution, overseas study consulting services, pre-school education and study tour. Co.'s program, service and product offerings include K-12 after-school tutoring; test preparation; language training for adults; pre-school, primary and secondary schools; education materials and distribution; online education; and other services. According to our New Oriental Education and Technology Group stock split history records, New Oriental Education and Technology Group has had 2 splits. | |
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New Oriental Education and Technology Group (EDU) has 2 splits in our New Oriental Education and Technology Group stock split history database. The first split for EDU took place on August 19, 2011. This was a 4 for 1 split, meaning for each share of EDU owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split. EDU's second split took place on March 12, 2021. This was a 10 for 1 split, meaning for each share of EDU owned pre-split, the shareholder now owned 10 shares. For example, a 4000 share position pre-split, became a 40000 share position following the split.
When a company such as New Oriental Education and Technology Group 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 New Oriental Education and Technology Group stock split history from start to finish, an original position size of 1000 shares would have turned into 40000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into New Oriental Education and Technology Group shares, starting with a $10,000 purchase of EDU, presented on a split-history-adjusted basis factoring in the complete New Oriental Education and Technology Group stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$2.60 |
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End price/share: |
$89.59 |
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Starting shares: |
3,846.15 |
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Ending shares: |
3,943.68 |
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Dividends reinvested/share: |
$0.08 |
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Total return: |
3,433.15% |
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Average Annual Total Return: |
42.81% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$353,191.45 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$2.60 |
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End price/share: |
$89.59 |
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Dividends collected/share: |
$0.08 |
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Total return: |
3,349.04% |
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Average Annual Total Return: |
42.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$344,869.99 |
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Years: |
10.00 |
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Date |
Ratio |
08/19/2011 | 4 for 1 | 03/12/2021 | 10 for 1 |
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