Home |
Free Dividend Report |
Stock Splits Calendar |
ENG Stock Split History |
Preferred Stock Newsletter |
ENG Options Chain |
Stock Message Boards |
ENGlobal (ENG) has 1 split in our ENG split history database. The split for ENG took place on December 01, 2023. This was a 1 for 8 reverse split, meaning for each 8 shares of ENG owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 125 share position following the split.
When a company such as ENGlobal 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 ENG split history from start to finish, an original position size of 1000 shares would have turned into 125 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ENGlobal shares, starting with a $10,000 purchase of ENG, presented on a split-history-adjusted basis factoring in the complete ENG split history.
Growth of $10,000.00 Without Dividends Reinvested |
||
Start date: | 11/04/2014 | |
End date: | 11/01/2024 | |
Start price/share: | $11.20 | |
End price/share: | $1.35 | |
Dividends collected/share: | $0.00 | |
Total return: | -87.95% | |
Average Annual Total Return: | -19.07% | |
Starting investment: | $10,000.00 | |
Ending investment: | $1,206.00 | |
Years: | 10.00 |
About ENGlobal |
ENGlobal is a provider of delivered project solutions primarily to the energy industry. Co.'s Commercial segment provides multi-disciplined engineering services and fabrication relating to the development, management and execution of projects requiring engineering and related project management services to the energy industry. Co.'s services include studies, project definition, cost estimating, engineering design, and environmental compliance. Co.'s Government segment provides services related to the design, integration and implementation of process distributed control and analyzer systems, automated data gathering systems, information technology and the maintenance of these systems. According to our ENG split history records, ENGlobal has had 1 split. |
ENG Split History Table | |
Date | Ratio |
12/01/2023 | 1 for 8 |
Energy Stock Splits |
ENG is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:
ENRJ Split History Also explore: ENG shares outstanding history
Free ENG Email Alerts:
|
ENG Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved
Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.3%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.3%.