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 Video: What is a Stock Split?
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| Applied Micro Circuits is a provider of silicon solutions for cloud infrastructure and data centers, as well as connectivity products for edge, metro and long-haul communications equipment. Co.'s products serve two target markets, Computing and Connectivity. Co.'s computing products include the X-Gene family of server processors, each based on the ARMv8 64-bit Instruction Set Architecture, which target mainstream cloud and data center infrastructure including hyperscale, telco, enterprise and high performance computing. The Connectivity portion of Co.'s business provides high-speed and high-bandwidth communications products to network equipment manufacturers. According to our AMCC split history records, AMCC has had 3 splits. | |
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AMCC (AMCC) has 3 splits in our AMCC split history database. The first split for AMCC took place on September 10, 1999. This was a 2 for 1
split, meaning for each share of AMCC 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. AMCC's second split took place on March 24, 2000. This was a 2 for 1
split, meaning for each share of AMCC owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. AMCC's third split took place on October 31, 2000. This was a 2 for 1 split, meaning for each share of AMCC owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as AMCC 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 AMCC split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AMCC shares, starting with a $10,000 purchase of AMCC, presented on a split-history-adjusted basis factoring in the complete AMCC split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/02/2013 |
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| End date: |
01/26/2017 |
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| Start price/share: |
$12.42 |
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| End price/share: |
$8.45 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-31.96% |
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| Average Annual Total Return: |
-11.50% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,802.83 |
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| Years: |
3.15 |
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| Date |
Ratio |
| 09/10/1999 | 2 for 1
| | 03/24/2000 | 2 for 1
| | 10/31/2000 | 2 for 1 |
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