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Video: What is a Stock Split?
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Leju Holdings is a holding company. Co. is an online-to-offline , real estate services provider in the People's Republic of China. Co. provides real estate e-commerce, online advertising and online listing services through its online platform, which comprises local websites covering cities and various mobile applications. Co. integrates its online platform with complementary offline services to facilitate residential property transactions and home renovation transactions. In addition to its own websites, Co. also operates various real estate and home furnishing websites of SINA Corporation. Moreover, Co. operates official accounts on Weixin and Weibo for new real estate projects. According to our LEJU stock split history records, LEJU has had 1 split. | |
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LEJU (LEJU) has 1 split in our LEJU stock split history database. The split for LEJU took place on May 20, 2022. This was a 1 for 10 reverse split, meaning for each 10 shares of LEJU owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as LEJU 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 LEJU stock split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into LEJU shares, starting with a $10,000 purchase of LEJU, presented on a split-history-adjusted basis factoring in the complete LEJU stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/11/2024 |
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Start price/share: |
$123.20 |
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End price/share: |
$1.08 |
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Starting shares: |
81.17 |
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Ending shares: |
83.03 |
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Dividends reinvested/share: |
$2.00 |
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Total return: |
-99.10% |
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Average Annual Total Return: |
-37.64% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$89.86 |
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Years: |
9.98 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/11/2024 |
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Start price/share: |
$123.20 |
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End price/share: |
$1.08 |
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Dividends collected/share: |
$2.00 |
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Total return: |
-97.50% |
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Average Annual Total Return: |
-30.90% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$250.21 |
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Years: |
9.98 |
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Date |
Ratio |
05/20/2022 | 1 for 10 |
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