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Video: What is a Stock Split?
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CenturyLink, via its subsidiaries, is a communications company engaged in providing an array of integrated services to its business and residential customers. Co.'s segments include: International and Global Accounts Management, which provides products and services to global enterprise customers; Enterprise, which provides products and services to regional domestic and global enterprises; Small and Medium Business, which provides products and services to small and medium businesses directly and through its indirect channel partners; and Wholesale, which provides products and services to other communication providers across the wireline, wireless, cable, voice and data center sectors. According to our CTL stock split history records, CTL has had 5 splits. | |
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CTL (CTL) has 5 splits in our CTL stock split history database. The first split for CTL took place on August 02, 1988. This was a 3 for 2
split, meaning for each 2
shares of CTL 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. CTL's second split took place on March 27, 1989. This was a 3 for 2
split, meaning for each 2
shares of CTL owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. CTL's third split took place on January 04, 1993. This was a 3 for 2
split, meaning for each 2
shares of CTL owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. CTL's 4th split took place on April 01, 1998. This was a 3 for 2
split, meaning for each 2
shares of CTL owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split. CTL's 5th split took place on April 01, 1999. This was a 3 for 2
split, meaning for each 2
shares of CTL owned pre-split, the shareholder now owned 3 shares. For example, a 5062.5 share position pre-split, became a 7593.75 share position following the split.
When a company such as CTL 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 CTL stock split history from start to finish, an original position size of 1000 shares would have turned into 7593.75 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CTL shares, starting with a $10,000 purchase of CTL, presented on a split-history-adjusted basis factoring in the complete CTL stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/20/2014 |
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End date: |
09/17/2020 |
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Start price/share: |
$31.37 |
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End price/share: |
$11.00 |
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Starting shares: |
318.78 |
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Ending shares: |
560.21 |
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Dividends reinvested/share: |
$12.01 |
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Total return: |
-38.38% |
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Average Annual Total Return: |
-7.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,160.64 |
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Years: |
6.50 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/20/2014 |
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End date: |
09/17/2020 |
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Start price/share: |
$31.37 |
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End price/share: |
$11.00 |
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Dividends collected/share: |
$12.01 |
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Total return: |
-26.65% |
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Average Annual Total Return: |
-4.66% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,332.64 |
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Years: |
6.50 |
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Date |
Ratio |
08/02/1988 | 3 for 2
| 03/27/1989 | 3 for 2
| 01/04/1993 | 3 for 2
| 04/01/1998 | 3 for 2
| 04/01/1999 | 3 for 2
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