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 Video: What is a Stock Split?
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| R1 RCM is a holding company. Through its subsidiaries, Co. provides solutions that transform the patient experience and financial performance of healthcare providers. Co.'s service offering includes end-to-end revenue cycle management services, which it deploys through an operating partner relationship or a co-managed relationship. Co. also provides modular solutions, allowing customers to engage it to address specific revenue cycle improvement opportunities, such as revenue integrity solutions, practice management, accounts receivables and denials recovery, physician advisory services, clinical documentation integrity, coding management, business office services, and patient experience. According to our R1 RCM INC New stock split history records, R1 RCM INC New has had 1 split. | |
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R1 RCM INC New (RCM) has 1 split in our R1 RCM INC New stock split history database. The split for RCM took place on May 09, 2000. This was a 1 for 4
reverse split, meaning for each 4
shares of RCM owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 250 share position following the split.
When a company such as R1 RCM INC New 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 R1 RCM INC New stock split history from start to finish, an original position size of 1000 shares would have turned into 250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into R1 RCM INC New shares, starting with a $10,000 purchase of RCM, presented on a split-history-adjusted basis factoring in the complete R1 RCM INC New stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
03/27/2013 |
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| End date: |
03/24/2023 |
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| Start price/share: |
$10.41 |
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| End price/share: |
$14.30 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
37.37% |
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| Average Annual Total Return: |
3.23% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,741.10 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/09/2000 | 1 for 4
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