|
Video: What is a Stock Split?
|
|
MEDIROM Healthcare Technologies is a health services provider in Japan. Co. is a franchiser and operator of healthcare salons across Japan and is a platform partner for healthcare service providers and government entities. Co. operates three lines of businesses: Relaxation Salon Segment, which provides various individual services at its salons, including anti-fatigue therapy, athletic support therapy, slim-down therapy and reflexology; Luxury Beauty Segment, which consists of the management and operations of the hair salon brands under ZACC Kabushiki Kaisha; and Digital Preventative Healthcare Segment, which consists of Specific Health Guidance Program and MOTHER Bracelet® fitness device. According to our MEDIROM Healthcare Technologies stock split history records, MEDIROM Healthcare Technologies has had 1 split. | |
|
MEDIROM Healthcare Technologies (MRM) has 1 split in our MEDIROM Healthcare Technologies stock split history database. The split for MRM took place on May 13, 1998. This was a 11 for 10
split, meaning for each 10
shares of MRM owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split.
When a company such as MEDIROM Healthcare Technologies 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 MEDIROM Healthcare Technologies stock split history from start to finish, an original position size of 1000 shares would have turned into 1100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MEDIROM Healthcare Technologies shares, starting with a $10,000 purchase of MRM, presented on a split-history-adjusted basis factoring in the complete MEDIROM Healthcare Technologies stock split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
12/30/2020 |
|
End date: |
05/03/2024 |
|
Start price/share: |
$14.85 |
|
End price/share: |
$5.26 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-64.58% |
|
Average Annual Total Return: |
-26.71% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$3,542.31 |
|
Years: |
3.34 |
|
|
|
Date |
Ratio |
05/13/1998 | 11 for 10
|
|
|