When a company such as ENI S.p.A. 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 E split history from start to finish, an original position size of 1000 shares would have turned into 2500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ENI S.p.A. shares, starting with a $10,000 purchase of E, presented on a split-history-adjusted basis factoring in the complete E split history.

About ENI S.p.A.

ENI engages in producing and selling energy products and services to worldwide markets. Co.'s segments include: Exploration and Production, which engages in oil and natural gas exploration and field development and production, as well as in Liquefied Natural Gas (LNG) operations, in various countries; Global Gas and LNG Portfolio, which engages in the wholesale activity of supplying and selling natural gas via pipeline and LNG, and the international transport activity; and Refining and Marketing and Chemicals, which engages in the manufacturing, supply and distribution and marketing activities of oil products and chemical products and in trading activities. According to our E split history records, ENI S.p.A. has had 1 split.

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