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|GXP Dividend History|
|GXP Stock Split History|
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|GXP Options Chain|
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GXP (GXP) has 1 split in our GXP split history database. The split for GXP took place on June 05, 2018. This was a 598 for 1000 reverse split, meaning for each 1000 shares of GXP owned pre-split, the shareholder now owned 598 shares. For example, a 1000 share position pre-split, became a 598 share position following the split.
When a company such as GXP 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 GXP split history from start to finish, an original position size of 1000 shares would have turned into 598 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into GXP shares, starting with a $10,000 purchase of GXP, presented on a split-history-adjusted basis factoring in the complete GXP split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||5.10%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||5.45%|
|Great Plains Energy is a public utility holding company. Co.'s wholly owned direct subsidiaries with operations are as follows: Kansas City Power & Light Co., a regulated electric utility that provides electricity to customers primarily in Missouri and Kansas; and KCP&L Greater Missouri Operations Co., a regulated electric utility that provides electricity to customers in Missouri and regulated steam service to certain customers in St. Joseph, MO. Co. also wholly owns GPE Transmission Holding Company, LLC (GPETHC), which owns 13.5% of Transource Energy, LLC, and focuses on developing electric transmission projects. According to our GXP split history records, GXP has had 1 split.|
|GXP Split History Table|
|06/05/2018||598 for 1000|
|Utilities Stock Splits|
|GXP is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:|