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 Video: What is a Stock Split?
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| Talkspace is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Co.'s intial focus for a business combination is across two broad industry sectors: financial services, with a focus on financial technology ("FinTech"); and healthcare, including healthcare information technology, services and products. According to our Talkspace stock split history records, Talkspace has had 2 splits. | |
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Talkspace (TALK) has 2 splits in our Talkspace stock split history database. The first split for TALK took place on March 18, 1996. This was a 3 for 2
split, meaning for each 2
shares of TALK owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. TALK's second split took place on February 03, 1997. This was a 2 for 1
split, meaning for each share of TALK owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as Talkspace splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the Talkspace stock split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Talkspace shares, starting with a $10,000 purchase of TALK, presented on a split-history-adjusted basis factoring in the complete Talkspace stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/31/2020 |
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| End date: |
04/26/2024 |
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| Start price/share: |
$9.80 |
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| End price/share: |
$3.12 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-68.16% |
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| Average Annual Total Return: |
-26.37% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,182.89 |
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| Years: |
3.74 |
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| Date |
Ratio |
| 03/18/1996 | 3 for 2
| | 02/03/1997 | 2 for 1
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