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Video: What is a Stock Split?
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Sentage Holdings is a holding company. Through its wholly-owned subsidiaries and entities controlled through contractual arrangements, Co. is engaged in providing customers a range of financial services including repayment and collection management services, loan recommendation services, and prepaid payment network services in the PRC. Co. has devised and implemented a systematic repayment and collection management process adapted to each stage of a loan. Prior to loan delinquency, Co. provides customers with services such as repayment record reconciliation and payment reminder and notice. Upon delinquency, Co. works on recovering past-due loans though in-house and outsourced means. According to our Sentage Holdings Inc - Class A Ordinary Shares stock split history records, Sentage Holdings Inc - Class A Ordinary Shares has had 1 split. | |
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Sentage Holdings Inc - Class A Ordinary Shares (SNTG) has 1 split in our Sentage Holdings Inc - Class A Ordinary Shares stock split history database. The split for SNTG took place on August 11, 2022. This was a 1 for 5 reverse split, meaning for each 5 shares of SNTG owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split.
When a company such as Sentage Holdings Inc - Class A Ordinary Shares 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 Sentage Holdings Inc - Class A Ordinary Shares stock split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sentage Holdings Inc - Class A Ordinary Shares shares, starting with a $10,000 purchase of SNTG, presented on a split-history-adjusted basis factoring in the complete Sentage Holdings Inc - Class A Ordinary Shares stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
07/12/2021 |
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End date: |
05/03/2024 |
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Start price/share: |
$175.00 |
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End price/share: |
$1.86 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.94% |
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Average Annual Total Return: |
-80.14% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$106.33 |
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Years: |
2.81 |
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Date |
Ratio |
08/11/2022 | 1 for 5 |
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