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Video: What is a Stock Split?
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TDH Holdings is a holding company. Through its subsidiaries, Co. produces pet food for pet owners worldwide. Co. provides various products, including dry meat treats, pet biscuits, canned food and other products (including non-food items like dog leashes and pet toys) under multiple brands in various geographical markets. Co. provides four product lines including the following: pet chews, which include various bones, rawhide and similar products; dried pet snacks, which include various fillets, strips and jerkies (chicken, duck, pork, lamb, etc.); wet canned pet foods, which include various fillets, strips and jerkies (chicken, duck, pork, lamb, etc.); and dental health snack foods. According to our TDH Holdings stock split history records, TDH Holdings has had 1 split. | |
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TDH Holdings (PETZ) has 1 split in our TDH Holdings stock split history database. The split for PETZ took place on June 14, 2022. This was a 1 for 20 reverse split, meaning for each 20 shares of PETZ 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 TDH Holdings 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 TDH Holdings 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 TDH Holdings shares, starting with a $10,000 purchase of PETZ, presented on a split-history-adjusted basis factoring in the complete TDH Holdings stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/22/2017 |
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End date: |
05/01/2024 |
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Start price/share: |
$255.00 |
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End price/share: |
$1.14 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.55% |
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Average Annual Total Return: |
-55.89% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$44.67 |
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Years: |
6.61 |
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Date |
Ratio |
06/14/2022 | 1 for 20 |
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