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Video: What is a Stock Split?
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Aurora Mobile is a holding company. Through its subsidiaries, Co. is principally engaged in providing targeted marketing and Software-as-a-Service (SAAS) Businesses, which include developer services, financial risk management, market intelligence and location-based intelligence services, in the People's Republic of China (China). Co. provides a suite of services to mobile app developers in China. Co.'s subscription service under developer services provides primary in-app functionalities needed by developers, including push notification, instant messaging, one-click verification and other services under JG Alliance. Co.'s other service includes both JG Alliance and Advertisement SAAS. According to our Aurora Mobile stock split history records, Aurora Mobile has had 1 split. | |
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Aurora Mobile (JG) has 1 split in our Aurora Mobile stock split history database. The split for JG took place on December 11, 2023. This was a 1 for 20 reverse split, meaning for each 20 shares of JG owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 50 share position following the split.
When a company such as Aurora 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 Aurora Mobile stock split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Aurora Mobile shares, starting with a $10,000 purchase of JG, presented on a split-history-adjusted basis factoring in the complete Aurora Mobile stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
07/27/2018 |
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End date: |
04/18/2024 |
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Start price/share: |
$170.00 |
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End price/share: |
$2.92 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.28% |
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Average Annual Total Return: |
-50.79% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$171.79 |
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Years: |
5.73 |
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Date |
Ratio |
12/11/2023 | 1 for 20 |
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