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|ASCA Stock Split History|
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A Spac I Acquisition Corp - Class A Ordinary Shar (ASCA) has 1 split in our ASCA split history database. The split for ASCA took place on June 21, 2005. This was a 2 for 1 split, meaning for each share of ASCA owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as A Spac I Acquisition Corp - Class A Ordinary Shar 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 ASCA split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into A Spac I Acquisition Corp - Class A Ordinary Shar shares, starting with a $10,000 purchase of ASCA, presented on a split-history-adjusted basis factoring in the complete ASCA split history.
Growth of $10,000.00
Without Dividends Reinvested
|About A Spac I Acquisition Corp - Class A Ordinary Shar|
|Ameristar Casinos is a developer, owner and operator of casino entertainment facilities. Co. provides slot play, and a range of table games, including blackjack, craps, roulette and poker. In addition, Co. provides a range of lodging and dining choices. Co.'s dining concepts include steakhouses, buffets and casual dining restaurants, including sports bars. Co.'s portfolio of casinos consists of: Ameristar Casino Resort Spa St. Charles; Ameristar Casino Hotel Kansas City; Ameristar Casino Hotel Council; Ameristar Casino Resort Spa Black Hawk; Ameristar Casino Hotel Vicksburg; Ameristar Casino Hotel East Chicago; and Cactus Petes Resort Casino and The Horseshu Hotel and Casino in Jackpot, NV. According to our ASCA split history records, A Spac I Acquisition Corp - Class A Ordinary Shar has had 1 split.|
|ASCA Split History Table|
|06/21/2005||2 for 1|
|Services Stock Splits|
|ASCA is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:|