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CLAC (CLAC) has 1 split in our CLAC split history database. The split for CLAC took place on April 24, 2000. This was a 2 for 1 split, meaning for each share of CLAC 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 CLAC 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 CLAC 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 CLAC shares, starting with a $10,000 purchase of CLAC, presented on a split-history-adjusted basis factoring in the complete CLAC split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||1.08%|
|Capital Acquisition is a blank check company. According to our CLAC split history records, CLAC has had 1 split.|
|CLAC Split History Table|
|04/24/2000||2 for 1|