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Video: What is a Stock Split?
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Sylvamo is an uncoated papers company with a portfolio of brands and paper mills located in and serving the geographies, including Europe, Latin America and North America. Co. produces uncoated freesheet (UFS) for paper products such as cutsize and offset paper, as well as market pulp, aseptic and liquid packaging board and coated unbleached kraft papers. UFS has end-use applications, including printing, copy and writing papers, and advertising and promotional materials such as brochures, pamphlets, greeting cards, books, annual reports and direct mail. Co. produces uncoated paper grades that its customers convert into envelopes, writing tablets, business forms, packaging and file folders. According to our Sylvamo stock split history records, Sylvamo has had 1 split. | |
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Sylvamo (SLVM) has 1 split in our Sylvamo stock split history database. The split for SLVM took place on September 23, 2011. This was a 1 for 1000 reverse split, meaning for each 1000 shares of SLVM owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 1 share position following the split.
When a company such as Sylvamo 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 Sylvamo 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 Sylvamo shares, starting with a $10,000 purchase of SLVM, presented on a split-history-adjusted basis factoring in the complete Sylvamo stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
09/23/2021 |
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End date: |
03/27/2024 |
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Start price/share: |
$25.00 |
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End price/share: |
$61.94 |
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Starting shares: |
400.00 |
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Ending shares: |
417.74 |
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Dividends reinvested/share: |
$1.88 |
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Total return: |
158.75% |
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Average Annual Total Return: |
46.06% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,876.52 |
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Years: |
2.51 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/23/2021 |
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End date: |
03/27/2024 |
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Start price/share: |
$25.00 |
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End price/share: |
$61.94 |
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Dividends collected/share: |
$1.88 |
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Total return: |
155.26% |
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Average Annual Total Return: |
45.27% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,526.72 |
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Years: |
2.51 |
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Date |
Ratio |
09/23/2011 | 1 for 1000 |
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