When a company such as OZM 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 OZM split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into OZM shares, starting with a $10,000 purchase of OZM, presented on a split-history-adjusted basis factoring in the complete OZM split history.

About OZM

Sculptor Capital Management is a holding company, engaged in providing asset management services through its funds. Co. also provides customized solutions within and across its product platforms. Co.'s primary assets are ownership interests in the Oz Operating Group entities. Co. conducts its business through the Oz Operating Group, which consist of OZ Management LP, OZ Advisors LP and OZ Advisors II LP. Co.'s segments are Oz Funds and Real Estate. The Oz Funds segment provides asset management services to its multi-strategy funds, dedicated credit funds and other alternative investment vehicles. The Real Estate segment provides asset management services to its real estate funds. According to our OZM split history records, OZM has had 1 split.

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