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Video: What is a Stock Split?
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ACM Research supplies capital equipment developed for the semiconductor industry. Fabricators of integrated circuits, or chips, can use Co.'s wet-cleaning and other front-end processing tools in various steps to improve product yield. Co. has designed these tools for use in fabricating foundry, logic and memory chips, including dynamic random-access memory and 3D NAND-flash memory chips. Co.'s wet-cleaning equipment has been developed using its proprietary Space Alternated Phase Shift, Timely Energized Bubble Oscillation and Tahoe technologies. Co. provides a range of single-wafer tools for back-end wafer assembly and packaging factories. According to our ACMR split history records, ACM Research has had 2 splits. | |
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ACM Research (ACMR) has 2 splits in our ACMR split history database. The first split for ACMR took place on August 01, 2002. This was a 2 for 1 split, meaning for each share of ACMR 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. ACMR's second split took place on March 24, 2022. This was a 3 for 1 split, meaning for each share of ACMR owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split.
When a company such as ACM Research 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 ACMR split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ACM Research shares, starting with a $10,000 purchase of ACMR, presented on a split-history-adjusted basis factoring in the complete ACMR split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/06/2017 |
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End date: |
10/08/2024 |
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Start price/share: |
$1.87 |
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End price/share: |
$21.80 |
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Dividends collected/share: |
$0.00 |
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Total return: |
1,066.04% |
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Average Annual Total Return: |
42.59% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$116,628.03 |
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Years: |
6.92 |
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Date |
Ratio |
08/01/2002 | 2 for 1 | 03/24/2022 | 3 for 1 |
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