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 Video: What is a Stock Split?
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| ASM International is an equipment supplier mainly to the semiconductor manufacturing industry. Co. designs, manufactures and sells equipment and services to its customers for the production of semiconductor devices, or integrated circuits. Co.'s front-end segment manufactures and sells equipment used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices. Co.'s back-end segment manufactures and sells equipment and materials used in assembly and packaging, encompassing the processes in which silicon wafers are separated into individual circuits and subsequently assembled, packaged and tested. According to our ASMI split history records, ASMI has had 1 split. | |
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ASMI (ASMI) has 1 split in our ASMI split history database. The split for ASMI took place on March 18, 1996. This was a 3 for 1
split, meaning for each share of ASMI 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.
When a company such as ASMI 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 ASMI split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ASMI shares, starting with a $10,000 purchase of ASMI, presented on a split-history-adjusted basis factoring in the complete ASMI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
10/12/2015 |
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| Start price/share: |
$40.92 |
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| End price/share: |
$35.80 |
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| Starting shares: |
244.38 |
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| Ending shares: |
251.10 |
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| Dividends reinvested/share: |
$1.32 |
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| Total return: |
-10.11% |
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| Annualized Gain: |
-14.02% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,989.00 |
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| Years: |
0.72 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
10/12/2015 |
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| Start price/share: |
$40.92 |
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| End price/share: |
$35.80 |
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| Dividends collected/share: |
$1.32 |
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| Total return: |
-9.29% |
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| Annualized Gain: |
-12.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,071.00 |
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| Years: |
0.72 |
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| Date |
Ratio |
| 03/18/1996 | 3 for 1
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