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Video: What is a Stock Split?
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17 Education & Technology Group is a holding company. Through its subsidiaries, Co. is an education technology company in the People's Republic of China with an in-school + after-school integrated model. Co.'s smart in-school classroom solution delivers data-driven teaching, learning and assessment products to teachers, students and parents across over 70,000 K-12 schools. Utilizing its in-school model, Co. provides online K-12 large class after-school tutoring services that complement students' in-school learning. According to our 17 Education and Technology Group stock split history records, 17 Education and Technology Group has had 2 splits. | |
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17 Education and Technology Group (YQ) has 2 splits in our 17 Education and Technology Group stock split history database. The first split for YQ took place on November 17, 2021. This was a 1 for 4 reverse split, meaning for each 4 shares of YQ owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 250 share position following the split. YQ's second split took place on December 18, 2023. This was a 1 for 5 reverse split, meaning for each 5 shares of YQ owned pre-split, the shareholder now owned 1 share. For example, a 250 share position pre-split, became a 50 share position following the split.
When a company such as 17 Education and Technology Group 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 17 Education and Technology Group stock split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into 17 Education and Technology Group shares, starting with a $10,000 purchase of YQ, presented on a split-history-adjusted basis factoring in the complete 17 Education and Technology Group stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/07/2020 |
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End date: |
05/02/2024 |
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Start price/share: |
$242.20 |
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End price/share: |
$2.85 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.82% |
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Average Annual Total Return: |
-72.93% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$117.61 |
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Years: |
3.40 |
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Date |
Ratio |
11/17/2021 | 1 for 4 | 12/18/2023 | 1 for 5 |
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