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 Video: What is a Stock Split?
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| Autodesk is a design software and services company. Co. is engaged in 3D design, engineering and entertainment software and services, providing customers business solutions through technology products and services. Co.'s product offerings include: AutoCAD Civil 3D, which provides a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; AutoCAD, which is a CAD application for design, drafting, detailing, and visualization; and computer-aided manufacturing solutions, which provide solutions for computer numerical control machining, inspection, and modeling for manufacturing. According to our ADSK split history records, Autodesk has had 4 splits. | |
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Autodesk (ADSK) has 4 splits in our ADSK split history database. The first split for ADSK took place on March 30, 1987. This was a 3 for 1
split, meaning for each share of ADSK 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. ADSK's second split took place on October 31, 1994. This was a 2 for 1
split, meaning for each share of ADSK owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. ADSK's third split took place on April 19, 2002. This was a 2 for 1 split, meaning for each share of ADSK owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. ADSK's 4th split took place on December 21, 2004. This was a 2 for 1 split, meaning for each share of ADSK owned pre-split, the shareholder now owned 2 shares. For example, a 12000 share position pre-split, became a 24000 share position following the split.
When a company such as Autodesk 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 ADSK split history from start to finish, an original position size of 1000 shares would have turned into 24000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Autodesk shares, starting with a $10,000 purchase of ADSK, presented on a split-history-adjusted basis factoring in the complete ADSK split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/16/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$54.75 |
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| End price/share: |
$263.96 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
382.12% |
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| Average Annual Total Return: |
17.03% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$48,191.68 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/30/1987 | 3 for 1
| | 10/31/1994 | 2 for 1
| | 04/19/2002 | 2 for 1 | | 12/21/2004 | 2 for 1 |
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