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Video: What is a Stock Split?
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ACI Worldwide is a global software company. Co. develops, markets, installs, and supports a line of software products and solutions primarily focused on facilitating real-time digital payments. Co. provides consumer payment solutions ranging from primary payment engines to back-office support, including ACI® Acquiring, a merchant management system. In addition, Co. supports both low- and high-value real-time payment processing for banks and intermediaries globally. Co.'s ACI Low Value Real-Time Payments is a platform with a range of capabilities for processing real-time payments, including origination, processing, orchestration, clearing and settlement, fraud detection and connectivity. According to our ACIW split history records, ACI Worldwide has had 1 split. | |
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ACI Worldwide (ACIW) has 1 split in our ACIW split history database. The split for ACIW took place on July 11, 2014. This was a 3 for 1 split, meaning for each share of ACIW owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as ACI Worldwide 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 ACIW 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 ACI Worldwide shares, starting with a $10,000 purchase of ACIW, presented on a split-history-adjusted basis factoring in the complete ACIW split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
10/03/2024 |
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Start price/share: |
$18.24 |
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End price/share: |
$50.03 |
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Dividends collected/share: |
$0.00 |
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Total return: |
174.29% |
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Average Annual Total Return: |
10.62% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$27,429.41 |
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Years: |
10.00 |
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Date |
Ratio |
07/11/2014 | 3 for 1 |
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