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 Video: What is a Stock Split?
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| According to our ACK split history records, ACK has had 1 split. | |
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ACK (ACK) has 1 split in our ACK split history database. The split for ACK took place on December 02, 1986. This was a 2 for 1
split, meaning for each share of ACK 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 ACK 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 ACK 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 ACK shares, starting with a $10,000 purchase of ACK, presented on a split-history-adjusted basis factoring in the complete ACK split history.
ACK -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 12/02/1986 | 2 for 1
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