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 Video: What is a Stock Split?
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| ANADIGICS designs, and manufactures radio frequency (RF) semiconductor solutions for infrastructure and mobile communications and data transmission markets. Co.'s product includes line amplifiers, reverse path amplifiers, Power Amplifier (PAs), and Front-End Integrated Circuit (FEICs). Co.'s Cable Television solutions include line amplifiers, reverse path amplifiers, and other RF products that provide the critical link within Cable Television infrastructure communications networks, as well as Customer-Premises Equipment, such as set-top boxes and cable modems. Co.'s WiFi infrastructure products include PAs and FEICs, including access points, routers, media gateways, and set-top boxes. According to our ANAD split history records, ANAD has had 2 splits. | |
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ANAD (ANAD) has 2 splits in our ANAD split history database. The first split for ANAD took place on February 21, 1997. This was a 3 for 2
split, meaning for each 2
shares of ANAD owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. ANAD's second split took place on March 01, 2000. This was a 3 for 2
split, meaning for each 2
shares of ANAD owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as ANAD 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 ANAD split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ANAD shares, starting with a $10,000 purchase of ANAD, presented on a split-history-adjusted basis factoring in the complete ANAD split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
03/16/2016 |
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| Start price/share: |
$0.57 |
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| End price/share: |
$0.85 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
49.12% |
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| Average Annual Total Return: |
32.16% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,911.50 |
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| Years: |
1.43 |
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| Date |
Ratio |
| 02/21/1997 | 3 for 2
| | 03/01/2000 | 3 for 2
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