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RCPI (RCPI) has 1 split in our RCPI split history database. The split for RCPI took place on April 14, 2015. This was a 1 for 25 reverse split, meaning for each 25 shares of RCPI owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 40 share position following the split.
When a company such as RCPI 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 RCPI split history from start to finish, an original position size of 1000 shares would have turned into 40 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RCPI shares, starting with a $10,000 purchase of RCPI, presented on a split-history-adjusted basis factoring in the complete RCPI split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-90.53%|
|Rock Creek Pharmaceuticals is a pharmaceutical development company focused on the discovery, development, and commercialization of therapies for chronic inflammatory disease, neurologic disorders, and behavioral health utilizing its proprietary compounds. Co.'s development activities are focused on its lead compound, anatabine citrate, which based on its accumulated data, demonstrates anti-inflammatory properties. Anatabine citrate is a small molecule, cholinergic agonist which exhibits anti-inflammatory pharmacological characteristics, with a mechanism of action distinct from other anti-inflammatory drugs available, such as biologics, steroids and non-steroidal anti-inflammatories. According to our RCPI split history records, RCPI has had 1 split.|
|RCPI Split History Table|
|04/14/2015||1 for 25|
|Healthcare Stock Splits|
|RCPI is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:|