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Video: What is a Stock Split?


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Platinum Eagle Acquisition operates as a blank check company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Co. serves customers worldwide. According to our Platinum Eagle Acquisition stock split history records, Platinum Eagle Acquisition has had 2 splits.
Platinum Eagle Acquisition stock split history picture
Platinum Eagle Acquisition (EAGL) has 2 splits in our Platinum Eagle Acquisition stock split history database. The first split for EAGL took place on August 02, 1996. This was a 2 for 1 split, meaning for each share of EAGL owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. EAGL's second split took place on August 31, 1999. This was a 3 for 2 split, meaning for each 2 shares of EAGL owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split.

When a company such as Platinum Eagle Acquisition 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 Platinum Eagle Acquisition stock split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Platinum Eagle Acquisition shares, starting with a $10,000 purchase of EAGL, presented on a split-history-adjusted basis factoring in the complete Platinum Eagle Acquisition stock split history. Platinum Eagle Acquisition split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 05/29/2012
End date: 04/26/2018
Start price/share: $9.78
End price/share: $9.85
Dividends collected/share: $0.00
Total return: 0.72%
Average Annual Total Return: 0.12%
Starting investment: $10,000.00
Ending investment: $10,071.16
Years: 5.91
Date Ratio
08/02/19962 for 1
08/31/19993 for 2

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