Stock Split History
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Dryships is an international owner of drybulk carriers and offshore support vessels. As of Mar. 10, 2017, Co. owned a fleet of 13 Panamax drybulk carriers, which have a combined deadweight tonnage (dwt) of approx. 1.0 million dwt and an average age of approx. 13.5 years, one VLCC and one Aframax tanker newbuilding, 2 VLGC newbuildings, and six offshore supply vessels and four oil spill recovery vessels and have an average age of approx. 4.0 years. Co.'s drybulk carriers and offshore support vessels operate worldwide within the trading limits imposed by Co.'s insurance terms and do not operate in areas where United States, European Union or United Nations sanctions have been imposed. According to our DryShips stock split history records, DryShips has had 8 splits.
DryShips stock split history picture
DryShips (DRYS) has 8 splits in our DryShips stock split history database. The first split for DRYS took place on March 11, 2016. This was a 1 for 25 reverse split, meaning for each 25 shares of DRYS owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 40 share position following the split. DRYS's second split took place on August 15, 2016. This was a 1 for 4 reverse split, meaning for each 4 shares of DRYS owned pre-split, the shareholder now owned 1 share. For example, a 40 share position pre-split, became a 10 share position following the split. DRYS's third split took place on November 01, 2016. This was a 1 for 15 reverse split, meaning for each 15 shares of DRYS owned pre-split, the shareholder now owned 1 share. For example, a 10 share position pre-split, became a 0.666666666666667 share position following the split. DRYS's 4th split took place on January 23, 2017. This was a 1 for 8 reverse split, meaning for each 8 shares of DRYS owned pre-split, the shareholder now owned 1 share. For example, a 0.666666666666667 share position pre-split, became a 0.0833333333333333 share position following the split. DRYS's 5th split took place on April 11, 2017. This was a 1 for 4 reverse split, meaning for each 4 shares of DRYS owned pre-split, the shareholder now owned 1 share. For example, a 0.0833333333333333 share position pre-split, became a 0.0208333333333333 share position following the split. DRYS's 6th split took place on May 11, 2017. This was a 1 for 7 reverse split, meaning for each 7 shares of DRYS owned pre-split, the shareholder now owned 1 share. For example, a 0.0208333333333333 share position pre-split, became a 0.00297619047619048 share position following the split. DRYS's 7th split took place on June 22, 2017. This was a 1 for 5 reverse split, meaning for each 5 shares of DRYS owned pre-split, the shareholder now owned 1 share. For example, a 0.00297619047619048 share position pre-split, became a 0.000595238095238095 share position following the split. DRYS's 8th split took place on July 21, 2017. This was a 1 for 7 reverse split, meaning for each 7 shares of DRYS owned pre-split, the shareholder now owned 1 share. For example, a 0.000595238095238095 share position pre-split, became a 8.50340136054422e-05 share position following the split.

When a company such as DryShips 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 DryShips stock split history from start to finish, an original position size of 1000 shares would have turned into 8.50340136054422e-05 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DryShips shares, starting with a $10,000 purchase of DRYS, presented on a split-history-adjusted basis factoring in the complete DryShips stock split history. DryShips split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 09/24/2007
End date: 09/22/2017
Start price/share: $1,004,892,000.00
End price/share: $2.50
Starting shares: 0.00
Ending shares: 0.00
Dividends reinvested/share: $13,994,430.06
Total return: -100.00%
Average Annual Total Return: -85.88%
Starting investment: $10,000.00
Ending investment: $0.00
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/24/2007
End date: 09/22/2017
Start price/share: $1,004,892,000.00
End price/share: $2.50
Dividends collected/share: $13,994,430.06
Total return: -98.61%
Average Annual Total Return: -34.77%
Starting investment: $10,000.00
Ending investment: $139.30
Years: 10.00
Date Ratio
03/11/20161 for 25
08/15/20161 for 4
11/01/20161 for 15
01/23/20171 for 8
04/11/20171 for 4
05/11/20171 for 7
06/22/20171 for 5
07/21/20171 for 7
DRYS is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:

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