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Video: What is a Stock Split?


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Electrum Special Acquisition is a blank check company. According to our Electrum Special Acquisition - Ordinar stock split history records, Electrum Special Acquisition - Ordinar has had 1 split.
Electrum Special Acquisition - Ordinar stock split history picture
Electrum Special Acquisition - Ordinar (ELEC) has 1 split in our Electrum Special Acquisition - Ordinar stock split history database. The split for ELEC took place on May 19, 1997. This was a 2 for 1 split, meaning for each share of ELEC 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.

When a company such as Electrum Special Acquisition - Ordinar 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 Electrum Special Acquisition - Ordinar stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Electrum Special Acquisition - Ordinar shares, starting with a $10,000 purchase of ELEC, presented on a split-history-adjusted basis factoring in the complete Electrum Special Acquisition - Ordinar stock split history. Electrum Special Acquisition - Ordinar split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/25/2015
End date: 06/06/2018
Start price/share: $9.60
End price/share: $10.47
Dividends collected/share: $0.00
Total return: 9.06%
Average Annual Total Return: 3.27%
Starting investment: $10,000.00
Ending investment: $10,907.15
Years: 2.70
Date Ratio
05/19/19972 for 1

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