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Video: What is a Stock Split?
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Infobird is a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. Co. offers standard and customized customer relationship management cloud-based services, such as SaaS, and business process outsourcing services to its clients. Co. also provides AI-powered cloud-based sales force management software, including intelligent quality inspection and intelligent training software to enable its clients monitor, benchmark, and improve the performances of agents; and other services, including software license selling, data analysis, and other professional services. According to our Infobird stock split history records, Infobird has had 4 splits. | |
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Infobird (IFBD) has 4 splits in our Infobird stock split history database. The first split for IFBD took place on September 09, 2022. This was a 1 for 5 reverse split, meaning for each 5 shares of IFBD 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. IFBD's second split took place on May 15, 2023. This was a 1 for 5 reverse split, meaning for each 5 shares of IFBD owned pre-split, the shareholder now owned 1 share. For example, a 200 share position pre-split, became a 40 share position following the split. IFBD's third split took place on November 20, 2023. This was a 1 for 20 reverse split, meaning for each 20 shares of IFBD owned pre-split, the shareholder now owned 1 share. For example, a 40 share position pre-split, became a 2 share position following the split. IFBD's 4th split took place on March 04, 2024. This was a 1 for 8 reverse split, meaning for each 8 shares of IFBD owned pre-split, the shareholder now owned 1 share. For example, a 2 share position pre-split, became a 0.25 share position following the split.
When a company such as Infobird 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 Infobird stock split history from start to finish, an original position size of 1000 shares would have turned into 0.25 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Infobird shares, starting with a $10,000 purchase of IFBD, presented on a split-history-adjusted basis factoring in the complete Infobird stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/21/2021 |
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End date: |
04/26/2024 |
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Start price/share: |
$18,960.00 |
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End price/share: |
$4.90 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.97% |
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Average Annual Total Return: |
-93.53% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$2.59 |
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Years: |
3.02 |
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Date |
Ratio |
09/09/2022 | 1 for 5 | 05/15/2023 | 1 for 5 | 11/20/2023 | 1 for 20 | 03/04/2024 | 1 for 8 |
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