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 Video: What is a Stock Split?
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| Uxin is a holding company. Through its subsidiaries, Co. engages in online used car dealing in the People's Republic of China. Operated under the brand Uxin Used Car, Co.'s platform provides consumers with one-stop online car buying experience and enabling consumers to select from its selection of Uxin Certified used cars. Co.'s nationwide service and transaction fulfillment capabilities comprise the follow components that provide support to its online used car transaction business: online sales and service network; warranty and repair services; other products and services; customer service; nationwide logistics and delivery network; and nationwide title transfers and vehicle registration. According to our Uxin stock split history records, Uxin has had 2 splits. | |
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Uxin (UXIN) has 2 splits in our Uxin stock split history database. The first split for UXIN took place on October 28, 2022. This was a 1 for 10 reverse split, meaning for each 10 shares of UXIN 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. UXIN's second split took place on January 16, 2024. This was a 1 for 10 reverse split, meaning for each 10 shares of UXIN 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.
When a company such as Uxin 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 Uxin stock split history from start to finish, an original position size of 1000 shares would have turned into 10 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Uxin shares, starting with a $10,000 purchase of UXIN, presented on a split-history-adjusted basis factoring in the complete Uxin stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/28/2018 |
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| End date: |
04/26/2024 |
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| Start price/share: |
$977.00 |
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| End price/share: |
$1.82 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-99.81% |
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| Average Annual Total Return: |
-65.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18.63 |
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| Years: |
5.83 |
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| Date |
Ratio |
| 10/28/2022 | 1 for 10 | | 01/16/2024 | 1 for 10 |
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