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Video: What is a Stock Split?
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Zivo Bioscience is focused on licensing and selling natural bioactive ingredients derived from their proprietary algae cultures to animal, human and dietary supplement and medical food manufacturers; and developing, manufacturing, marketing, and selling tests that allow people to improve their health and identify future health risks. According to our ZIVO stock split history records, ZIVO has had 1 split. | |
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ZIVO (ZIVO) has 1 split in our ZIVO stock split history database. The split for ZIVO took place on October 27, 2023. This was a 1 for 6 reverse split, meaning for each 6 shares of ZIVO owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 166.666666666667 share position following the split.
When a company such as ZIVO 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 ZIVO stock split history from start to finish, an original position size of 1000 shares would have turned into 166.666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ZIVO shares, starting with a $10,000 purchase of ZIVO, presented on a split-history-adjusted basis factoring in the complete ZIVO stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$1.14 |
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End price/share: |
$8.10 |
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Dividends collected/share: |
$0.00 |
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Total return: |
610.53% |
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Average Annual Total Return: |
21.66% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$71,035.94 |
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Years: |
10.00 |
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Date |
Ratio |
10/27/2023 | 1 for 6 |
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