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Video: What is a Stock Split?
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Paysafe is a holding company. Through its subsidiaries, Co. is engaged in digital commerce. Co.'s integrated payments platform provides the full spectrum of payment solutions ranging from credit and debit card processing to digital wallet, eCash and real-time banking solutions. Co. also provides digital commerce solutions for industry verticals, including iGaming (which encompasses a selection of online betting related to sports, e-sports, fantasy sports, poker and other casino games), gaming, digital goods, cryptocurrencies, travel and financial services, as well as U.S. Acquiring solutions for small and medium-sized businesses and direct marketing clients. According to our Paysafe stock split history records, Paysafe has had 1 split. | |
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Paysafe (PSFE) has 1 split in our Paysafe stock split history database. The split for PSFE took place on December 13, 2022. This was a 1 for 12 reverse split, meaning for each 12 shares of PSFE owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 83.3333333333333 share position following the split.
When a company such as Paysafe 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 Paysafe stock split history from start to finish, an original position size of 1000 shares would have turned into 83.3333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Paysafe shares, starting with a $10,000 purchase of PSFE, presented on a split-history-adjusted basis factoring in the complete Paysafe stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/12/2020 |
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End date: |
04/19/2024 |
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Start price/share: |
$118.32 |
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End price/share: |
$14.23 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-87.97% |
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Average Annual Total Return: |
-45.21% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,202.50 |
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Years: |
3.52 |
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Date |
Ratio |
12/13/2022 | 1 for 12 |
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