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Video: What is a Stock Split?


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Companhia Energetica de Minas Gerais is engaged in the generation, transmission, distribution and sale of electricity and gas distribution. Co. also engages in the following businesses: (i) telecommunications; (ii) energy solutions consulting business for both Brazilian and international clients (iii) exploitation of natural gas, through five consortia; (iv) sale and trading of electricity, through structuring and intermediation of purchase and sale transactions, trading electricity in the Free Market; (v) acquisition, transport and distribution of gas and its subproducts; and (vi) technology systems and systems for operational management of public service concessions. According to our Companhia Energetica de Minas Gerais - CEMIG stock split history records, Companhia Energetica de Minas Gerais - CEMIG has had 6 splits.
Companhia Energetica de Minas Gerais - CEMIG stock split history picture
Companhia Energetica de Minas Gerais - CEMIG (CIG) has 6 splits in our Companhia Energetica de Minas Gerais - CEMIG stock split history database. The first split for CIG took place on May 08, 2007. This was a 3 for 2 split, meaning for each 2 shares of CIG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. CIG's second split took place on June 12, 2007. This was a 2 for 1 split, meaning for each share of CIG owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. CIG's third split took place on May 14, 2009. This was a 5 for 4 split, meaning for each 4 shares of CIG owned pre-split, the shareholder now owned 5 shares. For example, a 3000 share position pre-split, became a 3750 share position following the split. CIG's 4th split took place on May 14, 2012. This was a 5 for 4 split, meaning for each 4 shares of CIG owned pre-split, the shareholder now owned 5 shares. For example, a 3750 share position pre-split, became a 4687.5 share position following the split. CIG's 5th split took place on May 02, 2013. This was a 1128 for 1000 split, meaning for each 1000 shares of CIG owned pre-split, the shareholder now owned 1128 shares. For example, a 4687.5 share position pre-split, became a 5287.5 share position following the split. CIG's 6th split took place on January 13, 2014. This was a 13076 for 10000 split, meaning for each 10000 shares of CIG owned pre-split, the shareholder now owned 13076 shares. For example, a 5287.5 share position pre-split, became a 6913.935 share position following the split.

When a company such as Companhia Energetica de Minas Gerais - CEMIG 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 Companhia Energetica de Minas Gerais - CEMIG stock split history from start to finish, an original position size of 1000 shares would have turned into 6913.935 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Companhia Energetica de Minas Gerais - CEMIG shares, starting with a $10,000 purchase of CIG, presented on a split-history-adjusted basis factoring in the complete Companhia Energetica de Minas Gerais - CEMIG stock split history. Companhia Energetica de Minas Gerais - CEMIG split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 09/19/2008
End date: 09/18/2018
Start price/share: $8.15
End price/share: $1.72
Starting shares: 1,226.99
Ending shares: 3,260.87
Dividends reinvested/share: $6.62
Total return: -43.91%
Average Annual Total Return: -5.62%
Starting investment: $10,000.00
Ending investment: $5,607.00
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/19/2008
End date: 09/18/2018
Start price/share: $8.15
End price/share: $1.72
Dividends collected/share: $6.62
Total return: 2.36%
Average Annual Total Return: 0.23%
Starting investment: $10,000.00
Ending investment: $10,232.46
Years: 10.00
Date Ratio
05/08/20073 for 2
06/12/20072 for 1
05/14/20095 for 4
05/14/20125 for 4
05/02/20131128 for 1000
01/13/201413076 for 10000
CIG is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:

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