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 Video: What is a Stock Split?
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| Ansys develops and markets engineering simulation software and services used by engineers, designers, researchers and students. Co. focuses on the development of solutions that enable users to analyze designs directly on the desktop, providing a common platform for product development, from design concept to final-stage testing and validation. Co.'s Discovery™ product family allows every engineer to benefit from the insight of simulation in their product design. Co. also provides Ansys Workbench™ connectivity, empowering analysts to do geometry preparation for simulation in Discovery, including materials selections and upfront simulation, with transfer to Ansys Mechanical and Ansys Fluent. According to our ANSS split history records, Ansys has had 2 splits. | |
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Ansys (ANSS) has 2 splits in our ANSS split history database. The first split for ANSS took place on October 05, 2004. This was a 2 for 1 split, meaning for each share of ANSS 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. ANSS's second split took place on June 05, 2007. This was a 2 for 1 split, meaning for each share of ANSS 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.
When a company such as Ansys 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 ANSS split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ansys shares, starting with a $10,000 purchase of ANSS, presented on a split-history-adjusted basis factoring in the complete ANSS 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: |
10/08/2024 |
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| Start price/share: |
$74.96 |
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| End price/share: |
$320.87 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
328.05% |
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| Average Annual Total Return: |
15.65% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$42,818.30 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/05/2004 | 2 for 1 | | 06/05/2007 | 2 for 1 |
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