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|CAA Dividend History|
|CAA Stock Split History|
|Preferred Stock Newsletter|
|CAA Options Chain|
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CAA (CAA) has 2 splits in our CAA split history database. The first split for CAA took place on May 14, 2001. This was a 1 for 3 reverse split, meaning for each 3 shares of CAA owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split. CAA's second split took place on October 01, 2015. This was a 1 for 5 reverse split, meaning for each 5 shares of CAA owned pre-split, the shareholder now owned 1 share. For example, a 333.333333333333 share position pre-split, became a 66.6666666666667 share position following the split.
When a company such as CAA 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 CAA split history from start to finish, an original position size of 1000 shares would have turned into 66.6666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CAA shares, starting with a $10,000 purchase of CAA, presented on a split-history-adjusted basis factoring in the complete CAA split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||10.98%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||10.94%|
|CalAtlantic Group is a builder of single-family attached and detached homes, in over 40 metropolitan statistical areas spanning 17 states. Co. also provides mortgage, title and escrow services. Co. operates two principal businesses: homebuilding, which acquires and develops land and constructs and sells single-family attached and detached homes, and is divided into four reportable segments: North, Southeast, Southwest and West; and financial services, which consists of its mortgage financing, title, escrow and insurance services operations. Mortgage financing operation provides mortgage financing to Co.'s homebuyers in substantially all of the markets in which Co. operates. According to our CAA split history records, CAA has had 2 splits.|
|CAA Split History Table|
|05/14/2001||1 for 3|
|10/01/2015||1 for 5|
|Services Stock Splits|
|CAA is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:|