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Posted On: 07/27/2017 7:45:59 AM
Post# of 107439
$DCTH,,,Stock Split History
Delcath Systems (DCTH) has 2 splits in our DCTH split history database. The first split for DCTH took place on April 09, 2014. This was a 1 for 16 reverse split, meaning for each 16 shares of DCTH owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 62.5 share position following the split. DCTH's second split took place on July 21, 2016. This was a 1 for 16 reverse split, meaning for each 16 shares of DCTH owned pre-split, the shareholder now owned 1 share. For example, a 62.5 share position pre-split, became a 3.90625 share position following the split.
When a company such as Delcath Systems 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 DCTH split history from start to finish, an original position size of 1000 shares would have turned into 3.90625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Delcath Systems shares, starting with a $10,000 purchase of DCTH, presented on a split-history-adjusted basis factoring in the complete DCTH split history.
DCTH split adjusted history picture
Growth of $10,000.00
Without Dividends Reinvested
DCTH split-adjusted CAGR
Start date: 07/27/2007
End date: 07/26/2017
Start price/share: $1,093.12
End price/share: $0.14
Dividends collected/share: $0.00
Total return: -99.99%
Average Annual Total Return: -59.17%
Starting investment: $10,000.00
Ending investment: $1.28
Years: 10
Delcath Systems (DCTH) has 2 splits in our DCTH split history database. The first split for DCTH took place on April 09, 2014. This was a 1 for 16 reverse split, meaning for each 16 shares of DCTH owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 62.5 share position following the split. DCTH's second split took place on July 21, 2016. This was a 1 for 16 reverse split, meaning for each 16 shares of DCTH owned pre-split, the shareholder now owned 1 share. For example, a 62.5 share position pre-split, became a 3.90625 share position following the split.
When a company such as Delcath Systems 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 DCTH split history from start to finish, an original position size of 1000 shares would have turned into 3.90625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Delcath Systems shares, starting with a $10,000 purchase of DCTH, presented on a split-history-adjusted basis factoring in the complete DCTH split history.
DCTH split adjusted history picture
Growth of $10,000.00
Without Dividends Reinvested
DCTH split-adjusted CAGR
Start date: 07/27/2007
End date: 07/26/2017
Start price/share: $1,093.12
End price/share: $0.14
Dividends collected/share: $0.00
Total return: -99.99%
Average Annual Total Return: -59.17%
Starting investment: $10,000.00
Ending investment: $1.28
Years: 10
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'Everything works out in the end,,,If it hasn't worked out,,it's not the end'
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