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Video: What is a Stock Split?
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SuperCom is a provider of digital identity solutions, IoT and connectivity solutions, and cyber security products and solutions, to governments and private and public organizations. Co. is comprised of three Strategic Business Units: e-Government, which provides solution for biometrics enrollment, personalization, issuance and border control services; IoT and Connectivity, which identifies, tracks and monitors people or objects in real time; and Cyber Security, which provides data protection guarding against corporate data loss and theft through content discovery and inspection, encryption methodologies, and device and port control. According to our SPCB split history records, SuperCom has had 1 split. | |
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SuperCom (SPCB) has 1 split in our SPCB split history database. The split for SPCB took place on November 23, 2022. This was a 1 for 10 reverse split, meaning for each 10 shares of SPCB owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as SuperCom 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 SPCB 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 SuperCom shares, starting with a $10,000 purchase of SPCB, presented on a split-history-adjusted basis factoring in the complete SPCB split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$76.40 |
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End price/share: |
$0.21 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.73% |
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Average Annual Total Return: |
-44.55% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$27.48 |
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Years: |
10.00 |
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Date |
Ratio |
11/23/2022 | 1 for 10 |
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