|
Video: What is a Stock Split?
|
|
ReTo Eco-Solutions is a holding company. Through its subsidiaries, Co. manufactures and distributes construction materials (aggregates, bricks, pavers and tiles), made from mining waste (iron tailings) and fly-ash, as well as equipment used for the production of these construction materials. In addition, Co. provides consultation, design, project implementation and construction of urban ecological environments. Co. also provides parts, engineering support, consulting, technical advice and service, and other project-related solutions for its manufacturing equipment and environmental protection projects. Co. is pursuing additional markets for its products, equipment and projects. According to our ReTo Eco-Solutions stock split history records, ReTo Eco-Solutions has had 3 splits. | |
|
ReTo Eco-Solutions (RETO) has 3 splits in our ReTo Eco-Solutions stock split history database. The first split for RETO took place on May 12, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of RETO 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. RETO's second split took place on May 15, 2023. This was a 1 for 10 reverse split, meaning for each 10 shares of RETO owned pre-split, the shareholder now owned 1 share. For example, a 100 share position pre-split, became a 10 share position following the split. RETO's third split took place on March 01, 2024. This was a 1 for 10 reverse split, meaning for each 10 shares of RETO owned pre-split, the shareholder now owned 1 share. For example, a 10 share position pre-split, became a 1 share position following the split.
When a company such as ReTo Eco-Solutions 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 ReTo Eco-Solutions stock split history from start to finish, an original position size of 1000 shares would have turned into 1 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ReTo Eco-Solutions shares, starting with a $10,000 purchase of RETO, presented on a split-history-adjusted basis factoring in the complete ReTo Eco-Solutions stock split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
11/30/2017 |
|
End date: |
04/25/2024 |
|
Start price/share: |
$10,100.00 |
|
End price/share: |
$0.96 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-99.99% |
|
Average Annual Total Return: |
-76.44% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$0.96 |
|
Years: |
6.40 |
|
|
|
Date |
Ratio |
05/12/2023 | 1 for 10 | 05/15/2023 | 1 for 10 | 03/01/2024 | 1 for 10 |
|
|