|Free Dividend Report|
|Stock Splits Calendar|
|ADRA Stock Split History|
|Preferred Stock Newsletter|
|Top Option Ideas|
|Stock Message Boards|
Adara Acquisition (ADRA) has 1 split in our ADRA split history database. The split for ADRA took place on July 10, 2006. This was a 3 for 1 split, meaning for each share of ADRA owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Adara Acquisition 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 ADRA split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Adara Acquisition shares, starting with a $10,000 purchase of ADRA, presented on a split-history-adjusted basis factoring in the complete ADRA split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||1.13%|
|About Adara Acquisition|
|Adara Acquisition is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. According to our ADRA split history records, Adara Acquisition has had 1 split.|
|ADRA Split History Table|
|07/10/2006||3 for 1|
|Financials Stock Splits|
|ADRA is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:|